Biagas John Fitzgerald 4

What Happened John Biagas, a director of Primis Financial Corp. (FRST), made an open-market purchase of 1,550 shares on March 11, 2026. The filing reports a weighted-average purchase price of $12.75 per share for a total acquisition cost of $19,768. This is a purchase transaction (code P), which investors often view as a more informative signal than routine insider sales, though motivations are not disclosed.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (timely filing).
• Shares purchased: 1,550 at a weighted-average price of $12.75; total ≈ $19,768.
• Price range: a series of trades ranged from $12.72 to $12.7579 (footnote).
• Holdings note: filing footnote states it "includes 10,233 shares held in the reporting person's IRA." The filing does not specify total shares owned after this transaction.
• Transaction code: P (purchase). No 10b5-1 plan, gift, exercise, or tax-withholding flags were reported in this Form 4.

Context Purchases by corporate insiders can be interpreted by some investors as a positive sign, but they do not prove future performance. This was a straightforward open-market acquisition by a company director; no options were exercised and no shares were sold concurrently.