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Close of Nov 06, 2026 · end-of-day data
PRI 8-K filings in 2024
Every material Form 8-K Primerica filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Primerica's Compensation Committee authorized a special equity award to CEO Glenn J. Williams on December 12, 2024, valued at $2,500,000 in 8,839 restricted stock units. The award recognizes his and the company's 2024 accomplishments, including executive transitions, senior management restructuring and distribution milestones, and it cliff vests on December 12, 2027.
Award valued at $2,500,000 in 8,839 restricted stock units, based on the $282.83 closing price on December 11, 2024
Award cliff vests on December 12, 2027, the three-year anniversary of the grant date
Granted under the 2020 Omnibus Incentive Plan and recognizes 2024 executive transitions, management restructuring and distribution milestones
Primerica reported third quarter 2024 results, with total revenues of $774.1 million, up 11%, and diluted EPS from continuing operations of $5.72, up 31%. The EPS figure includes a $0.52 per share net remeasurement gain from the annual actuarial assumption review, and the company also reported a net loss from discontinued operations tied to its exit from the senior health business.
Total revenues of $774.1 million rose 11% from the third quarter of 2023; net income from continuing operations was $194.7 million, up 24%.
Diluted EPS from continuing operations was $5.72, up 31%, including a $0.52 remeasurement gain; diluted adjusted operating EPS was $5.68, up 28%.
Net income including discontinued operations was $164.4 million, or $4.83 diluted EPS, compared with $4.23 a year earlier.
The Board declared a $0.90 per share dividend payable December 12, 2024, and the company repurchased $129 million of common stock during the quarter.
Primerica said Executive Vice President and Chief Operating Officer Gregory C. Pitts plans to retire on or about April 1, 2025, and will stop serving as principal operating officer effective October 1, 2024. The Board appointed Robert H. Peterman Jr., currently Executive Vice President and Chief Distribution Officer, to succeed him as COO effective October 1, 2024, a planned succession that keeps a long-tenured internal leader in the operating role.
Gregory C. Pitts, with the company since 1985, plans to retire on or about April 1, 2025 and remains an executive officer until December 31, 2024.
Robert H. Peterman Jr., age 59, becomes Executive Vice President and Chief Operating Officer effective October 1, 2024, reporting to CEO Glenn Williams.
Peterman joined Primerica in October 1984 and has been Executive Vice President and Chief Distribution Officer since March 2023.
As of January 1, 2025, executive officers will be the Chief Executive Officer, President and Chief Financial Officer.
Primerica reported second-quarter 2024 GAAP net income of $1.2 million, or $0.03 per diluted share, down from $144.5 million a year earlier. The drop reflects $253.6 million in goodwill and other long-lived asset impairments tied to the company's exit from the Senior Health business, and the company says it excluded these items from its adjusted results, where adjusted operating earnings per diluted share rose 18% to $4.71.
GAAP diluted EPS was $0.03 versus $3.97 a year earlier; net income was $1.2 million versus $144.5 million.
Total revenues rose 17% to $803.4 million, including $50 million in insurance claim proceeds; adjusted operating revenues rose 9% to $753.3 million.
Adjusted operating EPS was $4.71, up from $3.99; adjusted net operating income rose 12% to $162.7 million.
The Board approved a 20% dividend increase to $0.90 per share, payable September 12, 2024; the company repurchased $142.7 million of common stock in the quarter.
Primerica's board decided to exit its senior health business by abandoning its indirect ownership of e-TeleQuote Insurance, Inc. (ETQ) no later than September 30, 2024, without receiving consideration. The company will record a net non-cash after-tax charge of $229.6 million in the second quarter of 2024, and says it expects further restructuring charges in the third quarter, which matters to shareholders because it reduces reported results.
Net non-cash after-tax charge of $229.6 million in Q2 2024, including a $253.6 million write-off of goodwill and intangibles, partly offset by a $24.0 million net tax impact.
ETQ's ownership will be abandoned by no later than September 30, 2024, with no consideration received.
ETQ plans to sell newly issued shares of up to 19% of its common stock to a new minority investor; bids are due by 5:00 pm EST on July 31, 2024.
$50.0 million in insurance proceeds will be recognized in Q2 2024 and excluded from adjusted operating results.
Primerica reported first quarter 2024 results on May 6, 2024, with diluted earnings per share of $3.93, up 14%, and total revenues of $742.8 million, up 8%. Diluted adjusted operating EPS was $3.91, up 10%, and the company expects a $50 million gain in the second quarter from an insurance claim, which it will exclude from adjusted results. Profit growth is the main takeaway for shareholders, though the Senior Health segment posted a $14 million loss.
Net income of $137.9 million rose 8%; diluted EPS of $3.93 rose 14% from $3.46 a year earlier
Senior Health reported a loss of $14 million; Term Life adjusted operating revenues rose 5% to $440.4 million
Investment and Savings Products sales reached $2.8 billion, up 20%; client asset values ended the quarter at $103 billion
Board declared a $0.75 per share dividend payable June 12, 2024; the company repurchased $109 million of stock in the quarter
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Primerica filing is on SEC EDGAR ↗. 8-K briefs of other companies →