STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

[144] Primoris Services Corporation SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Primoris Services Corporation (PRIM) disclosure: This Form 144 shows that shares of Primoris common stock held for the account of John Perisich are proposed for sale through J.P. Morgan Securities LLC. The notice identifies 11,607 shares with an aggregate market value of $1,290,466.26, against 54,012,786 shares outstanding, with an approximate sale date of 08/11/2025 on the NYSE. The filing lists recent acquisitions of the reported shares as transfers to a trust on specific dates in 2016, 2019 and 2022, and shows a prior sale by the same person on 08/06/2025 of 15,695 shares for $1,728,505. The seller certifies they do not possess undisclosed material adverse information about the issuer.

Positive

  • Regulatory compliance: The filer submitted a Form 144 detailing the proposed sale and required disclosures.
  • Transaction transparency: Filing lists precise share counts, aggregate market values, broker (J.P. Morgan Securities LLC) and exchange (NYSE).

Negative

  • Recent insider selling: The same person completed a sale of 15,695 shares on 08/06/2025 for $1,728,505 prior to the proposed sale.
  • Additional supply: A proposed sale of 11,607 shares (aggregate value $1,290,466.26) could increase available shares from an insider on 08/11/2025.

Insights

TL;DR: Routine insider disclosure; quantifiable insider selling recorded but no operational metrics provided.

The Form 144 is a regulatory notice documenting an insider sale proposal rather than company operating results. It specifies the broker, the exact share counts and market values for the proposed sale (11,607 shares; $1,290,466.26) and discloses a recent completed sale (15,695 shares; $1,728,505). For investors this provides clarity on insider liquidity but contains no revenue, profit or forward guidance to alter fundamental valuation models.

TL;DR: Filing demonstrates compliance with Rule 144 and records transfers to trust; no governance violations disclosed.

The filing lists acquisitions via transfers to a trust on multiple dates and confirms the seller's certification about non-possession of undisclosed material adverse information. It documents both a recent completed sale and a planned sale through J.P. Morgan Securities LLC on the NYSE. From a governance perspective this is a routine transparency filing; it neither indicates unusual insider arrangements nor signals a breach of disclosure obligations based on the information provided.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the PRIM Form 144 disclose?

It discloses a proposed sale of 11,607 Primoris (PRIM) common shares through J.P. Morgan Securities LLC with aggregate market value $1,290,466.26 and an approximate sale date of 08/11/2025.

Who is the seller named in the filing for PRIM?

The filing identifies John Perisich as the person for whose account the securities are to be sold and lists his address in Laguna Hills, CA.

Were there insider sales by the same person recently?

Yes. The filing records a prior sale on 08/06/2025 of 15,695 shares for gross proceeds of $1,728,505.

How were the shares being sold acquired?

The securities to be sold were acquired via transfers to a trust on 04/06/2016, 03/08/2019, 02/28/2022, and 03/01/2022 in the amounts listed in the filing.

Which exchange and broker are handling the proposed sale of PRIM shares?

The proposed sale is listed to occur on the NYSE through J.P. Morgan Securities LLC (390 Madison Avenue, New York, NY).
Primoris Svcs Corp

NYSE:PRIM

PRIM Rankings

PRIM Latest News

PRIM Latest SEC Filings

PRIM Stock Data

6.32B
53.39M
1.18%
100.43%
3.9%
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
Link
United States
DALLAS