Gamble Scott R 4
Research Summary
AI-generated summary
Primis Financial (FRST) Director Scott R. Gamble Buys 1,389 Shares
What Happened
Scott R. Gamble, a director of Primis Financial Corp. (FRST), reported an open-market/private purchase of 1,389 shares on 2026-06-01 at $14.39 per share, for a total transaction value of approximately $19,984. This was a purchase (code P), which is typically viewed as a direct acquisition of stock rather than a sale or award.
Key Details
- Transaction date: 2026-06-01; Filing date (Form 4): 2026-06-02 (timely filing).
- Price and quantity: 1,389 shares at $14.39 each; total ≈ $19,984.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Transaction code: P = Purchase (open market or private purchase as listed).
- No footnotes, 10b5-1 plan, tax withholding, or other special conditions were disclosed.
Context
- Purchases by directors can signal confidence but are not proof of future performance; this is a modest-sized insider buy (~$20k).
- The filing appears timely (reported the next day), which reduces concerns about late disclosure.
- Retail investors should treat this as one data point among many when evaluating the company.