SEC Form SC 13G/A filed by Primerica Inc. (Amendment)

2/9/24 9:49:31 AM ET

Life Insurance

Finance

Get the next $PRI alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.2 PRIMERICA INC COMMON STOCK Cusip #74164M108 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #74164M108 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 2,995,992 Item 6: 0 Item 7: 2,997,192 Item 8: 0 Item 9: 2,997,192 Item 11: 8.555% Item 12: HC Cusip #74164M108 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 2,997,192 Item 8: 0 Item 9: 2,997,192 Item 11: 8.555% Item 12: IN Item 1(a). Name of Issuer: PRIMERICA INC Item 1(b). Address of Issuer's Principal Executive Offices: 1 PRIMERICA PARKWAY DULUTH, GA 30099 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 74164M108 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 2,997,192 (b) Percent of Class: 8.555% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 2,997,192 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of PRIMERICA INC. No one other person's interest in the COMMON STOCK of PRIMERICA INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of PRIMERICA INC at December 29, 2023. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $PRI alert in real time by email

Recent Analyst Ratings for

$PRI

Date	Price Target	Rating	Analyst
9/23/2025	$318.00	Market Perform → Outperform	BMO Capital Markets
1/23/2025	$311.00	Market Perform	BMO Capital Markets
10/9/2024	$314.00	Buy	TD Cowen
8/30/2024	$283.00	Neutral	Piper Sandler
2/12/2024		Strong Buy → Mkt Perform	Raymond James
4/13/2023	$244.00	Strong Buy	Raymond James
11/10/2022		Outperform → Mkt Perform	William Blair
5/19/2022	$153.00 → $148.00	Overweight → Equal-Weight	Morgan Stanley

More analyst ratings

SEC Form SC 13G/A filed by Primerica Inc. (Amendment)

2/9/24 9:49:31 AM ET

$PRI

Life Insurance

Finance

Get the next $PRI alert in real time by email

Recent Analyst Ratings for

$PRI

Date	Price Target	Rating	Analyst
9/23/2025	$318.00	Market Perform → Outperform	BMO Capital Markets
1/23/2025	$311.00	Market Perform	BMO Capital Markets
10/9/2024	$314.00	Buy	TD Cowen
8/30/2024	$283.00	Neutral	Piper Sandler
2/12/2024		Strong Buy → Mkt Perform	Raymond James
4/13/2023	$244.00	Strong Buy	Raymond James
11/10/2022		Outperform → Mkt Perform	William Blair
5/19/2022	$153.00 → $148.00	Overweight → Equal-Weight	Morgan Stanley

More analyst ratings

SEC Form SC 13G/A filed by Primerica Inc. (Amendment)

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$PRI

SEC Form SC 13G/A filed by Primerica Inc. (Amendment)

Crush Q3 2025 with the Best AI Superconnector

Recent Analyst Ratings for
$PRI

$PRI
Insider Trading

Director Yastine Barbara A. was granted 51 shares, increasing direct ownership by 0.27% to 19,097 units (SEC Form 4)

Director Williams Donald R. was granted 34 shares, increasing direct ownership by 0.12% to 28,243 units (SEC Form 4)

Director Perez Beatriz R was granted 43 shares, increasing direct ownership by 0.38% to 11,262 units (SEC Form 4)

$PRI
Press Releases

PFSL Fund Management Ltd. Refiling Interim Management Reports for Fund Performance

Primerica Schedules Third Quarter 2025 Financial Results Webcast

National Survey: Middle-Income Families Adapting to 'New Normal' of Higher Costs

$PRI
Analyst Ratings

Primerica upgraded by BMO Capital Markets with a new price target

BMO Capital Markets initiated coverage on Primerica with a new price target

TD Cowen initiated coverage on Primerica with a new price target

$PRI
SEC Filings

SEC Form 10-Q filed by Primerica Inc.

Primerica Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits, Regulation FD Disclosure

Primerica Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

$PRI
Leadership Updates

Primerica Names Robert H. Peterman, Jr. as Successor to Chief Operating Officer

Primerica Names Tracy Tan as Successor to Chief Financial Officer

$PRI
Financials

Primerica, Inc. Increases First Quarter Dividend by 15 Percent

Primerica, Inc. Increases Quarterly Dividend by 18 Percent

AM Best Affirms Credit Ratings of Primerica, Inc. and Its Subsidiaries

$PRI
Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Primerica Inc.