Primis Financial Corp.: insider trades · United States · SEC (Form 4)

About Primis Financial Corp.

Primis Financial Corp. is a U.S.-listed bank holding company traded on the NASDAQ under the ticker FRST. The company is headquartered in McLean, Virginia, and its principal banking subsidiary, Primis Bank, is a Virginia state-chartered bank headquartered in Glen Allen, Virginia. Primis Bank commenced operations on April 14, 2005, and has evolved into a regional banking franchise focused on community banking, commercial banking, and select specialty-finance niches. ([investors.primisbank.com](https://investors.primisbank.com/overview/default.aspx)) From an operating standpoint, Primis competes in the highly fragmented U.S. regional banking market, where scale, underwriting discipline, deposit franchise quality, and product specialization matter. The bank serves individuals and small-to-medium-sized businesses through a mix of full-service branches and digital channels, offering deposit products, commercial and real estate lending, and online/mobile banking services. As of March 31, 2025, Primis reported 24 full-service branches across Virginia and Maryland, underscoring a geographically concentrated footprint in the Mid-Atlantic rather than a nationwide branch network. ([investors.primisbank.com](https://investors.primisbank.com/investors/news/news-details/2025/Primis-Financial-Corp--Reports-Deconsolidation-of-Panacea/default.aspx)) Primis’ competitive positioning appears to rest on two pillars: a traditional community-banking platform and a set of higher-return specialty businesses that can enhance earnings power without requiring a proportionate increase in operating expense. Management has repeatedly highlighted a strategic refocus during 2024 and 2025 on the company’s core bank and lines of business that generate stronger operating results. Within that framework, mortgage warehouse lending and other targeted lending platforms have been presented as important contributors to growth and profitability. ([investors.primisbank.com](https://investors.primisbank.com/investors/news/news-details/2026/Primis-Financial-Corp--Reports-Earnings-per-Share-for-the-Fourth-Quarter-of-2025)) Recent news has been constructive. In May 2025, Primis announced the deconsolidation of Panacea Financial Holdings, and in June 2025 it disclosed a signed non-binding term sheet to sell part of its investment in Panacea. Management framed the transaction as value-accretive and potentially supportive of share repurchases and broader growth initiatives. In January 2026, Primis reported materially improved full-year 2025 results, returning to net income, and declared a quarterly dividend of $0.10 per share. In April 2026, the company reported another solid quarter, with improved profitability metrics, stronger net interest income, and continued dividend payments, suggesting that the turnaround in core earnings remains on track. ([investors.primisbank.com](https://investors.primisbank.com/investors/news/news-details/2025/Primis-Financial-Corp--Reports-Deconsolidation-of-Panacea/default.aspx))