Company: PRI
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0000950170-25-048061
Chunk: 65

Company: Primerica, Inc.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 65
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:-----------------|:----|:-------------------|
| Glenn J. Williams  |     | 5.0x             |     | 30.1x              |
| Peter W. Schneider |     | 3.5x             |     | 11.9x              |
| Tracy X. Tan       |     | 2.5x             |     | 2.8x               |

The stock ownership of each of our executive officers other than Ms. Tan exceeds the required ownership guidelines. Our non-employee directors are also subject to stock ownership guidelines, which are described under “Board of Directors – Director Compensation – Director Stock Ownership Guidelines.”

| Primerica 2025 Proxy Statement | 67 |

| EXECUTIVE COMPENSATION |

Insider Trading Policy We have adopted an Insider Trading Policy that governs the purchase, sale and/or other dispositions of our securities by our directors, officers and employees, and the Company itself, and that is reasonably designed to promote compliance with insider trading laws, rules and regulations, as well as the exchange listing standards applicable to us. In addition, the Company's Insider Trading Policy expressly bars ownership by all employees and directors of financial instruments or participation in investment strategies that hedge the economic risk of owning our common stock. We also prohibit officers and directors from pledging Primerica securities as collateral for loans.See “– Employee, Officer and Director Hedging.” A copy of our Insider Trading Policy is filed as Exhibit 19.1 to our 2024 Annual Report. Pre-Set Trading Plans Our executives and directors are permitted to enter into trading plans that are intended to comply with the requirements of Rule 10b5-1 of the Exchange Act so that they can prudently diversify their asset portfolios. During fiscal 2024, Messrs. G. Williams and Schneider were parties to Rule 10b5-1 trading plans that provided for the sale of shares at certain designated prices or on certain designated dates. The purpose of such plans was to enable our executive officers to recognize the value of their compensation and diversify their holdings of our common stock during periods in which they would otherwise be unable to buy or sell such stock because important information about Primerica had not been publicly released. Equity Awards to Independent Sales Representatives The Compensation Committee has delegated to our Chief Executive Officer authority to approve, within defined maximum award limits, widespread performance-based grants to members of the independent sales force. Management and the Compensation Committee believe that such awards incentivize performance and align the independent sales force with