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 (RSUs) on March 1, 2024.
Summary
- On March 1, 2024, Glenn J. Williams, the CEO of Primerica, Inc., engaged in multiple transactions involving the company'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, 3,204, 3,517 and 1,979 RSUs vested, resulting in the acquisition of the same number of common stock shares at a price of $245.26.
- Correspondingly, 1,362, 1,495 and 841 shares were withheld to cover taxes related to the RSU vesting at $245.26.
- Additionally, 6,776 shares were acquired due to the vesting of Performance Stock Units (PSUs) at $245.26.
- 3,039 shares were withheld to cover taxes due upon the vesting of PSUs at $245.26.
- Following these transactions, Williams directly owns 51,321.995 shares of Primerica common stock and 11,968 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment. It simply reflects the execution of pre-existing compensation plans.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of earliest transaction: vesting of RSUs and PSUs, and withholding of shares for taxes. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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