secwatch.observer — SEC 8-K summary
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Issuer:     Primerica, Inc. (PRI)
CIK:        0001475922
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001193125-23-235309
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primerica appoints Tracy Tan as EVP Finance, successor CFO by April 1, 2024
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- Tracy Tan appointed EVP, Finance starting Oct 16, 2023; will become CFO when current CFO relinquishes title, no later than April 1, 2024.
- Tan previously CFO at Strategic Link Consulting (fintech); earlier roles at Assurant, Novelis, Southwire, and GE.
- Employment agreement: base salary ≥$500,000; target cash bonus $500,000 for FY2023-2024; $1M long-term equity grant in Feb 2024.
- Special grant of $250,000 in RSUs vesting over three years starting March 2024.
- Severance: 1x salary plus target bonus for termination without cause or for good reason; 1.5x if within change-of-control period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1475922/000119312523235309/0001193125-23-235309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1475922/000119312523235309/d507766d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-235309

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