Form 4: Primis Financial Corp. Director Acquires Shares
Insider Transaction Filing
Primis Financial Corp. Director Fred L. Garrett III acquired 155 shares of common stock at $15.24 per share on June 9, 2026.
Summary
- Fred L. Garrett III, a Director at Primis Financial Corp. (FRST), purchased 155 shares of common stock on June 9, 2026, at a price of $15.24 per share.
- Following this transaction, Mr. Garrett beneficially owns a total of 48,339 shares of common stock.
- This ownership includes 2,884 shares held in an IRA for his benefit.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a director's personal investment, which can signal confidence, but does not contain broader company performance data.
Positives
- Director's personal investment in the company's stock, indicating confidence in the company's future.
- Acquisition of shares at a specific price point, providing a data point for valuation.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider purchases, particularly by directors, can be interpreted as a signal of management's confidence in the company's prospects within the financial services sector.
Stakeholder Impact
- Shareholders may view this director's purchase as a positive signal of confidence in the company's future performance.
- Employees may also interpret this as a sign of stability and positive outlook from leadership.
Key Dates
| Date | Description |
|---|---|
| 06/09/2026 | Transaction date for the acquisition of common stock by Director Fred L. Garrett III. |
| 06/11/2026 | Date of signature for the Form 4 filing. |
Keywords
Primis Financial Corp., FRST, Form 4, Insider Trading, Director Purchase, Common Stock, Beneficial Ownership
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