Biagas John Fitzgerald 4

What Happened
John Fitzgerald Biagas, a director of Primis Financial Corp. (FRST), reported an open-market purchase of 1,925 shares on 2026-03-12. The shares were bought at $12.80 each for a total transaction value of $24,640. A purchase (code "P") is a direct buy of company stock and is generally viewed as a sign of personal investment rather than a sale.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-13). Filing appears timely.
• Transaction type/code: Open-market purchase (P).
• Shares purchased: 1,925 at $12.80 per share; total $24,640.
• Shares owned after transaction: the provided excerpt does not show a full post-transaction total. Footnote F1 says the reporting person holds 10,233 shares in an IRA; combined with this purchase he holds at least 12,158 shares (10,233 + 1,925).
• 10b5-1 / tax withholding / other special notes: none reported in the excerpt.
• 10% owner status: not indicated in the provided filing.

Context
This was a straightforward open-market purchase by a company director. Purchases can be informative because they show the insider spent personal funds to acquire stock, but filings do not state motive. No options exercise, gift, or tax-withholding event was reported in the provided details.