Primerica, Inc. amended revolving credit of $200 million with The Bank of New York Mellon, Citibank, N.A., JP Morgan Chase Bank, N.A., Royal Bank of Canada, The Bank of Nova Scotia, and Wells Fargo Bank, National Association at SOFR or the base rate, plus in either case the Applicable Margin maturing June 2, 2031.
“under this Item 1.01. . Item 2.03 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. Our amended and restated $200 million five-year unsecured revolving credit facility (the “Credit Facility”) that was entered into on June 22, 2021 (originally entered into on December 19, 2017 and subsequently”
Shareholder Votes
Primerica, Inc. shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-21 meeting.
“Proposal 3: The appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified. For Against Abstain Broker Non-Votes 28,402,788 100,926 32,266 N/A”
Shareholder Votes
Primerica, Inc. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2026-05-21 meeting.
“Proposal 2: An advisory vote on executive compensation (Say-on-Pay) was approved. For Against Abstain Broker Non-Votes 26,914,943 403,201 33,360 1,184,476”
Shareholder Votes
Primerica, Inc. shareholders voted on Election of Directors at the 2026-05-21 meeting.
“Proposal 1: The following nominees were elected by majority vote to serve on the Board of Directors: Nominee For Against Abstain Broker Non-Votes John A. Addison, Jr. 26,817,258 512,490 21,756 1,184,476 Joel M. Babbit 26,874,390 459,525 17,589 1,184,476 Amber L. Cottle 27,016,062 312,528 22,914 1,184,476 Cynthia N. Day 25,110,328 2,220,778 20,398 1,184,476 Sanjeev Dheer 27,294,427 40,170 16,907 1,184,476 D. Richard Williams 26,364,898 964,215 22,391 1,184,476 Glenn J. Williams 27,048,998 280,624 21,882 1,184,476 Darryl L. Wilson 26,979,554 350,827 21,123 1,184,476 Barbara A. Yastine 26,483,751 847,445 20,308 1,184,476”
Earnings Releases
Primerica, Inc. reported financial results for the quarter ended March 31, 2026.
“On May 6, 2026, Primerica, Inc. (the “Company”) announced its results of operations for the quarter ended March 31, 2026. A copy of the press release is attached hereto as Exhibit 99.1.”
Governance Changes
Primerica, Inc.: Amended and restated bylaws to require a majority voting power threshold for stockholders to call a special meeting and added informational and procedural requirements (effective 2026-02-20).
“On February 20, 2026, the Board of Directors (the “Board”) of Primerica, Inc. (the “Company”) approved and adopted the Company’s Fourth Amended and Restated By-Laws (the “Fourth Amended and Restated By-Laws”).”
Robert H. Peterman, Jr. was appointed as Executive Vice President and Chief Operating Officer at Primerica, Inc..
“the Board of Directors (the “Board”) of the Company appointed Robert H. Peterman, Jr., age 59, as the Company’s Executive Vice President and Chief Operating Officer, reporting to the Company’s Chief Executive Officer, effective as of October 1, 2024.”
Gregory C. Pitts departed as Executive Vice President and Chief Operating Officer at Primerica, Inc..
“informed the Company’s Chief Executive Officer of Mr. Pitts’ intention to retire on or about April 1, 2025.”
Restructurings & Charges
Primerica, Inc. announced a restructuring affecting senior health business (e-TeleQuote Insurance, Inc.).
“The Board has determined that the Company's senior health business, which is operated through its wholly owned subsidiary, e-TeleQuote Insurance, Inc. (“ETQ”), does not have a clear path toward anticipated profitability within an acceptable timeframe in the increasingly challenging senior health distribution market. In connection with such decision, the Board has authorized management of the Company to abandon the Company’s indirect ownership of ETQ by no later than September 30, 2024.”
Restructurings & Charges
Primerica, Inc. announced a impairment with charges of $50.0 million affecting senior health business (e-TeleQuote Insurance, Inc.).
“In addition to the second quarter charge described above in Item 2.06, the $50.0 million of insurance proceeds disclosed in Exhibit 99.1 of the Current Report on Form 8-K dated May 6, 2024 will be recognized in the second quarter of 2024 and excluded from adjusted operating results.”
Shareholder Votes
Primerica, Inc. shareholders approved Ratification of KPMG LLP as independent registered public accounting firm at the 2024-05-08 meeting.
“Proposal 3: The appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified. For Against Abstain Broker Non-Votes 31,682,914 161,451 15,806 N/A”
Shareholder Votes
Primerica, Inc. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2024-05-08 meeting.
“Proposal 2: An advisory vote on executive compensation (Say-on-Pay) was approved. For Against Abstain Broker Non-Votes 30,290,504 351,558 23,969 1,194,140”
Shareholder Votes
Primerica, Inc. shareholders approved Election of Directors at the 2024-05-08 meeting.
“Proposal 1: The following nominees were elected by majority vote to serve on the Board of Directors: Nominee For Against Abstain Broker Non-Votes John A. Addison, Jr. 30,264,468 382,893 18,670 1,194,140 Joel M. Babbit 30,202,837 439,973 23,221 1,194,140 Amber L. Cottle 30,478,401 175,066 12,564 1,194,140 Gary L. Crittenden 30,352,370 292,325 21,336 1,194,140 Cynthia N. Day 28,083,621 2,561,231 21,179 1,194,140 Sanjeev Dheer 30,610,738 39,409 15,884 1,194,140 Beatriz R. Perez 29,076,095 1,569,477 20,459 1,194,140 D. Richard Williams 29,969,250 676,973 19,808 1,194,140 Glenn J. Williams 30,309,820 330,437 25,774 1,194,140 Darryl L. Wilson 30,646,161 5,421 14,449 1,194,140 Barbara A. Yastine 29,772,380 870,515 23,136 1,194,140”
Earnings Releases
Primerica, Inc. reported the quarter ended March 31, 2024 results: revenue $742.8 million, net income $137.9 million, EPS $3.93.
“common stock during the quarter Duluth, GA, May 6, 2024 – Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended March 31, 2024. Total revenues of $742.8 million increased 8% compared to the first quarter of 2023. Net income of $137.9 million increased 8%, while earnings per diluted share of $3.93 increased 14% compared to the prior year”
Earnings Releases
Primerica, Inc. reported financial results for quarter ended December 31, 2023.
“Primerica, Inc. (the “Company”) announced its results of operations for the quarter ended December 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1.”
Nicholas A. Jendusa was appointed as Principal Accounting Officer at Primerica, Inc..
“On December 18, 2023, the Company’s Board of Directors appointed Nicholas A. Jendusa, the Company’s Executive Vice President and Controller, as the Company’s principal accounting officer effective as of December 20, 2023.”
Tracy Tan was appointed as Chief Financial Officer at Primerica, Inc..
“On December 18, 2023, the Company’s Board of Directors appointed Ms. Tan as the Company’s Chief Financial Officer, and as the Company’s principal financial officer, in each case effective December 20, 2023.”
Alison Rand departed as Chief Financial Officer at Primerica, Inc..
“Ms. Rand will cease serving as principal financial officer and principal accounting officer of the Company on December 20, 2023.”
Darryl Wilson was elected as Director at Primerica, Inc..
“On December 6, 2023, the Board of Directors elected Darryl Wilson as a member of the Board of Directors of Primerica, Inc. (“Primerica”).”
Earnings Releases
Primerica, Inc. reported the quarter ended September 30, 2023 results: revenue $710.9 million, net income $152.1 million, EPS $4.23.
“Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended September 30, 2023. Total revenues of $710.9 million increased 6% compared to the third quarter of 2022. Net income of $152.1 million increased 91%, while earnings per diluted share of $4.23 doubled compared to the same period in the prior year.”
Tracy Tan was appointed as Executive Vice President, Finance at Primerica, Inc..
“On September 14, 2023, the Board of Directors (the “Board”) of Primerica, Inc. (the “Company”) appointed Tracy Tan, age 52, as the Company’s Executive Vice President, Finance, reporting to the Company’s Chief Executive Officer, beginning on October 16, 2023.”
Earnings Releases
Primerica, Inc. reported the quarter ended June 30, 2023 results: revenue $688.4 million, net income $144.5 million, EPS $3.97.
“Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended June 30, 2023. Total revenues of $688.4 million increased 3% compared to the second quarter of 2022. Net income attributable to Primerica of $144.5 million increased 13%, while earnings per diluted share of $3.97 increased 20% compared to the same period in the prior year.”
Shareholder Votes
Primerica, Inc. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm at the 2023-05-17 meeting.
“Proposal 4: The appointment of KPMG LLP as the Company’s independent registered public accounting firm for fiscal year ending December 31, 2023 was ratified. For Against Abstain Broker Non-Votes 33,378,875 98,299 12,730 N/A”
Shareholder Votes
Primerica, Inc. shareholders approved Advisory vote on stockholder preference of the frequency of the Say-on-Pay Vote (Say-When-on-Pay) at the 2023-05-17 meeting.
“Proposal 3: An advisory vote on stockholder preference of the frequency of the Say-on-Pay Vote (Say-When-on-Pay) was in favor of an annual vote. The Board of Directors has determined to follow stockholder preference and include an advisory Say-on-Pay vote in the annual proxy statement. One Year Two Years Three Years Abstain 31,345,083 13,885 945,047 27,953”
Shareholder Votes
Primerica, Inc. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-17 meeting.
“Proposal 2: An advisory vote on executive compensation (Say-on-Pay) was approved. For Against Abstain Broker Non-Votes 32,000,498 306,830 33,640 1,148,936”
Shareholder Votes
Primerica, Inc. shareholders approved Election of Directors at the 2023-05-17 meeting.
“Proposal 1: The following nominees were elected by majority vote to serve on the Board of Directors: Nominee For Withheld Broker Non-Votes John A. Addison, Jr. 31,880,038 11,254 1,148,936 Joel M. Babbit 31,933,812 15,882 1,148,936 Amber L. Cottle 32,260,314 17,415 1,148,936 Gary L. Crittenden 32,264,708 16,846 1,148,936 Cynthia N. Day 30,684,712 13,500 1,148,936 Sanjeev Dheer 32,293,576 25,787 1,148,936 Beatriz R. Perez 31,049,284 26,969 1,148,936 D. Richard Williams 31,239,362 9,860 1,148,936 Glenn J. Williams 31,940,114 15,081 1,148,936 Barbara A. Yastine 31,854,818 17,418 1,148,936”
Earnings Releases
Primerica, Inc. reported the quarter ended March 31, 2023 results: revenue $690.0 million, net income $125.1 million, EPS $3.38 per diluted share.
“Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended March 31, 2023. Total revenues of $690.0 million were largely unchanged compared to the first quarter of 2022. Net income attributable to Primerica of $125.1 million increased 9%, while earnings per diluted share of $3.38 increased 16% compared to the same period in the prior year. ROE was 25.5% for the quarter. Adjusted operating revenues of $695.0 million were relatively unchanged compared to the first quarter of 2022. Adjusted net operating income of $128.9 million increased 10%, while adjusted operating earnings per diluted share of $3.49 increased 18% compared to the same period in the prior year. ROAE was 24.2% for the quarter.”
Earnings Releases
Primerica, Inc. reported preliminary financial results for the quarter ended December 31, 2022.
“On May 2, 2023, Primerica, Inc. (the “Company”) provided a restated financial supplement (the “Restated Supplemental Financial Information”) for the quarter ended December 31, 2022”
Governance Changes
Primerica, Inc.: Effective March 1, 2023, the Board adopted the Third Amended and Restated By-Laws to update provisions relating to stockholder meetings, director nominations, and Rule 14a-19 compliance (effective 2023-03-01).
“Effective March 1, 2023, the Board of Directors (the “Board”) of Primerica, Inc. (the “Company”), in connection with the recent adoption of Rule 14a-19 under the Securities Exchange Act of 1934, as amended (“Rule 14a-19”), and certain recent amendments to the Delaware General Corporation Law (the “DGCL”), approved and adopted the Company’s Third Amended and Restated By-Laws (the “Third Amended Restated By-Laws”).”
Alison Rand departed as Executive Vice President and Chief Financial Officer at Primerica, Inc..
“On February 27, 2023, Alison Rand, Executive Vice President and Chief Financial Officer of Primerica, Inc. (the “Company”), informed the Chief Executive Officer of the Company of her intention to retire on or about April 1, 2024.”
Earnings Releases
Primerica, Inc. reported the quarter ended December 31, 2022 results: revenue $686.9 million, net income $131.8 million, EPS $3.54.
“GAAP revenues were $686.9 million, down 5% from the prior year period. Net income was $131.8 million, earnings per diluted share was $3.54 and ROE was 31.6% for the quarter.”
Earnings Releases
Primerica, Inc. reported quarter ended September 30, 2022 results: revenue $673.3 million, net income $51.8 million, EPS $1.37.
“Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended September 30, 2022. Total revenues were $673.3 million”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.