Primoris (PRIM) CEO Vadlamudi Koti reports open-market buy of 7,815 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Primoris Services Corp president and CEO Vadlamudi Koti reported an open-market purchase of 7,815 shares of common stock. The trade occurred on May 27, 2026 at an average price of $127.9596 per share, and represents his directly held position of 7,815 shares after the transaction.
This Form 4/A is an amendment that updates the transaction code to “P,” confirming it as a purchase. A footnote explains the shares were bought in multiple trades within a price range of $127.81 to $128.00 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,815 shares ($1,000,004)
Net Buy
1 txn
Insider
Vadlamudi Koti
Role
PRESIDENT & CEO
Bought
7,815 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,815 | $127.9596 | $1.00M |
Holdings After Transaction:
Common Stock — 7,815 shares (Direct, null)
Footnotes (1)
- This amended Form 4 amends such filing to report the transaction code in Column 3 as "P". These shares were purchased in multiple transactions at prices ranging from $127.81 to $128.00 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 7,815 shares
Average purchase price: $127.9596 per share
Price range: $127.81–$128.00 per share
+1 more
4 metrics
Shares purchased
7,815 shares
Open-market purchase on May 27, 2026
Average purchase price
$127.9596 per share
Common stock transaction
Price range
$127.81–$128.00 per share
Multiple trades within this range
Shares held after transaction
7,815 shares
Direct ownership reported in Form 4/A
Key Terms
open-market purchase, Form 4/A, transaction code "P", direct ownership
4 terms
open-market purchase financial
"reported an open-market purchase of 7,815 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4/A regulatory
"This Form 4/A is an amendment that updates the transaction code"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
transaction code "P" regulatory
"amends such filing to report the transaction code in Column 3 as "P""
direct ownership financial
"represents his directly held position of 7,815 shares after the transaction"
FAQ
What insider transaction did PRIM CEO Vadlamudi Koti report on this Form 4/A?
Vadlamudi Koti reported buying 7,815 shares of Primoris Services common stock in an open-market transaction. The purchase was made at an average price of $127.9596 per share, and these 7,815 shares are reported as his directly held position after the transaction.
What does the amended Form 4/A for Primoris (PRIM) change about the reported trade?
The amended Form 4/A changes the transaction code in Column 3 to “P,” confirming the activity as a purchase. All 7,815 shares are reported as acquired through open-market transactions, clarifying the nature of the CEO’s transaction for investors and regulators.