Form 4: Primerica CEO Glenn J. Williams Reports Stock Transactions
SEC Form 4 Filing
Glenn J. Williams, CEO of Primerica, Inc., reports transactions involving common stock and restricted stock units on March 1, 2025, resulting in adjusted beneficial ownership.
Summary
- On March 1, 2025, Glenn J. Williams, the CEO of Primerica, Inc., engaged in multiple transactions involving Primerica's common stock.
- These transactions included the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs), as well as the withholding of shares to cover taxes due upon vesting.
- Specifically, 3,518, 1,979, and 1,497 RSUs vested, and corresponding shares were acquired at a price of $290.
- Shares were also withheld to cover taxes related to the vesting of RSUs, totaling 1,492, 839, and 634 shares at $290.
- Additionally, 11,512 shares were acquired due to the vesting of PSUs at $290.
- 5,151 shares were withheld to cover taxes due upon the vesting of PSUs at $290.
- Following these transactions, Williams's directly owned shares of Primerica common stock totaled 43,711.995.
- The reported transactions also adjusted the number of derivative securities (Restricted Stock Units) beneficially owned, with remaining balances of 22,128, 20,149 and 18,652.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares held by the CEO.
- Employees holding RSUs and PSUs are impacted as their awards vest.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of earliest transaction: vesting of RSUs and PSUs, and withholding of shares for taxes. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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