STOCK TITAN

Primis Financial (NASDAQ: FRST) director adds 250 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Primis Financial Corp. director Garrett F. L. III reported an open-market purchase of 250 shares of common stock at a weighted average price of about $15.03 per share. Following this transaction, he directly owns 48,184 shares, including 2,884 shares held in an IRA for his benefit.

Positive

  • None.

Negative

  • None.
Insider GARRETT F L III
Role null
Bought 250 shs ($4K)
Type Security Shares Price Value
Purchase Common Stock 250 $15.03 $4K
Holdings After Transaction: Common Stock — 48,184 shares (Direct, null)
Footnotes (1)
  1. Price indicated is the weighted average sales price as a result of a series of transactions ranging in price from $15.00 to $15.05 per share. Total Ownership includes 2,884 shares held in an IRA for Mr. Garrett's benefit.
Shares purchased 250 shares Open-market purchase of common stock
Purchase price $15.03 per share Weighted average price for the 250-share trade
Post-transaction holdings 48,184 shares Total common shares owned after transaction
IRA holdings 2,884 shares Portion of total held in an IRA for the director
Net buy shares 250 shares Net change in common stock from this Form 4
open-market purchase financial
"transaction_action":"open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average financial
"Price indicated is the weighted average sales price as a result"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
IRA financial
"includes 2,884 shares held in an IRA for Mr. Garrett's benefit"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
non-derivative financial
""transaction_type":"non-derivative""
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GARRETT F L III

(Last)(First)(Middle)
227 CATCHPENNY LANE

(Street)
TAPPAHANNOCK VIRGINIA 25560

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Primis Financial Corp. [ FRST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026P250A$15.03(1)48,184(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Price indicated is the weighted average sales price as a result of a series of transactions ranging in price from $15.00 to $15.05 per share.
2. Total Ownership includes 2,884 shares held in an IRA for Mr. Garrett's benefit.
/s/Fred L Garrett, III06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Primis Financial Corp. (FRST) disclose?

Primis Financial Corp. disclosed that director Garrett F. L. III made an open-market purchase of 250 shares of common stock at a weighted average price of about $15.03 per share, increasing his directly held stake reported in this filing.

At what price did the Primis Financial Corp. (FRST) director buy shares?

The director’s 250-share transaction was executed at a weighted average price of approximately $15.03 per share, based on trades within a price range from $15.00 to $15.05 per share as disclosed in the transaction footnote.

How many Primis Financial Corp. (FRST) shares does the insider own after this trade?

After the reported purchase, director Garrett F. L. III holds 48,184 shares of Primis Financial Corp. common stock, including 2,884 shares maintained in an IRA account for his benefit, according to the ownership details in the Form 4 filing.

Was the Primis Financial Corp. (FRST) insider transaction a buy or a sell?

The Form 4 shows a buy transaction. Director Garrett F. L. III executed an open-market purchase of 250 shares of Primis Financial Corp. common stock, classified with transaction code “P,” which denotes an open-market or private purchase transaction.

Does the Primis Financial Corp. (FRST) Form 4 show any derivative transactions?

No derivative transactions are listed in this Form 4. The filing reports only a single non-derivative open-market purchase of common stock and shows no remaining derivative positions in the derivativeSummary section for this reporting person.