[144] Primoris Services Corporation SEC Filing

Rhea-AI Filing Summary

Primoris Services Corporation (PRIM) filed a Form 144 notifying a proposed sale of 20,000 common shares through Morgan Stanley Smith Barney LLC on the NYSE with an approximate sale date of 08/12/2025. The filing lists an aggregate market value of $2,280,162 and reports 54,012,786 shares outstanding, so the proposed block represents about 0.037% of outstanding stock.

The shares were acquired on 07/31/2008 in a merger/acquisition from the issuer. The filing also discloses that the Schaulerman Family Trust (sic in source) sold 15,000 shares on 06/24/2025 for $1,161,369. The notice includes the standard seller representation that they are not aware of undisclosed material adverse information. This document reports a planned secondary sale and does not provide operational or earnings information.

Insights

Securities Analyst

TL;DR: A modest Form 144 sale of 20,000 shares (~0.037% of outstanding) is disclosed; likely neutral to market fundamentals.

The filing identifies a proposed sale of 20,000 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $2.28M. Against 54,012,786 shares outstanding the block is immaterial in size, and a prior disposition of 15,000 shares on 06/24/2025 is recorded. The seller represents no undisclosed material adverse information. From a trading-impact perspective, the notice documents an anticipated secondary sale but contains no new operational or financial data that would materially change valuation assumptions.

Corporate Governance Expert

TL;DR: Form 144 demonstrates regulatory disclosure of planned insider-related sales; disclosure appears routine and compliant.

The form shows the securities were originally acquired in a 07/31/2008 merger/acquisition from the issuer and are being sold through an established broker on the NYSE. A recent sale by a related trust of 15,000 shares is disclosed, indicating partial prior dispositions. The filing includes the statutory representation concerning material adverse information, which aligns with Rule 144 prerequisites for public sale notices. No governance red flags or material adverse disclosures appear within this filing alone.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	20000	2280162.00	54012786	08/12/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	07/31/2008	Merger/Acquisition	Issuer			20000	07/31/2008	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SCHAUERMAN FAMILY TRUST 2300 N. Field Street, Suite 1900 Suite 1900 Dallas TX 75201	Common	06/24/2025	15000	1161369.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many PRIM shares are proposed for sale under this Form 144?

The filing proposes the sale of 20,000 common shares.

What is the aggregate market value of the shares proposed to be sold for PRIM?

The aggregate market value is reported as $2,280,162.00.

When is the approximate sale date and on which exchange will PRIM shares trade?

The approximate sale date is listed as 08/12/2025 and the sale is to occur on the NYSE.

What percentage of PRIM's outstanding shares does the proposed sale represent?

The proposed 20,000 shares represent about 0.037% of the 54,012,786 shares outstanding reported in the filing.

Were there any sales by the same account in the past three months for PRIM?

Yes, the filing discloses that the SCHAUERMAN FAMILY TRUST sold 15,000 shares on 06/24/2025 for $1,161,369.00.

How and when were the shares being sold originally acquired according to the filing?

The shares were acquired on 07/31/2008 through a merger/acquisition from the issuer.