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[Form 4/A] Primoris Services Corp Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A
Rhea-AI Filing Summary

Primoris Services Corp. (PRIM) filed an amended Form 4 for interim President & CEO and director Daniel D. King. The filing reports an acquisition of 517 shares of common stock on 04/30/2025 under the company’s non‑employee director compensation program.

The amendment corrects an earlier submission that duplicated a 2023 transaction and now reflects the intended 04/30/2025 grant. The program, adopted in May 2011 and updated July 2024, provides restricted stock with a value of $37,500, with the price per share based on the average closing price during March 2025. Due to a change in Mr. King’s employment status in March 2025, the award was prorated to 517 shares.

The shares are subject to a 12‑month sale restriction from the grant date. Following the transaction, Mr. King beneficially owns 24,802 shares, held directly.

Positive
  • None.
Negative
  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
King David Lee

(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 N. FIELD STREET, SUITE 1900

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Primoris Services Corp [ PRIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
INTERIM PRESIDENT & CEO
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/01/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/30/2025(1) A 517 A (2) 24,802 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The originally filed Form 4 (SEC Accession No. 0001415889-25-011677) for the Reporting Person inadvertently duplicated the transaction previously reported on his Form 4 filed on 11/02/2023 (SEC Accession No. 0001415889-23-014748). That 2023 Form 4 remains unchanged, and this amended Form 4 has been filed to report the 04/30/2025 transaction intended to be reported on 05/01/2025.
2. The non-employee director compensation program adopted by the Board in May 2011 and updated July 2024, provides for the issuance of restricted stock with a value of $37,500. The price per share was based on the average closing price during March 2025. In March of 2025 Mr. King's employment status with the company changed which resulted in a prorated grant of 517 shares. The shares of stock cannot be sold for a period of twelve months from the date of grant.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 11/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Primoris (PRIM) report in this Form 4/A?

An amended insider filing reporting the acquisition of 517 restricted shares on 04/30/2025 by interim President & CEO and director Daniel D. King.

Why was the Form 4 amended for PRIM?

It corrects an earlier submission that inadvertently duplicated a 2023 transaction and now reports the intended 04/30/2025 grant.

What is the value and basis of the restricted stock grant?

The program provides restricted stock valued at $37,500, priced using the average closing price during March 2025.

How many PRIM shares does the reporting person now own?

Following the reported grant, Daniel D. King beneficially owns 24,802 shares, held directly.

Are there restrictions on the granted PRIM shares?

Yes. The shares cannot be sold for 12 months from the grant date.

Why was the grant size 517 shares?

Mr. King’s employment status changed in March 2025, resulting in a prorated award of 517 shares.

What roles does the reporting person hold at Primoris?

He is a director and the interim President & CEO.
Primoris Svcs Corp

NYSE:PRIM

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6.65B
53.39M
1.18%
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3.9%
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
DALLAS