PRIM CEO equity award: 7,175 RSUs with multi-year vesting
Rhea-AI Filing Summary
Primoris Services Corp (PRIM) reported an equity award to its President and CEO, who also serves as a director. On 11/10/2025, the executive received 7,175 restricted stock units (RSUs) under the company’s equity plan, each representing a contingent right to receive one share of PRIM common stock or the cash value of a share, at the company’s discretion, on settlement.
The RSUs vest in three equal installments: 1/3 on November 10, 2026, 1/3 on November 10, 2027, and 1/3 on November 10, 2028. The Form 4 indicates these derivative securities are held directly by the reporting person.
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FAQ
What was reported in Primoris Services Corp (PRIM) Form 4?
The Form 4 reports that Primoris Services Corp’s President and CEO, who is also a director, received 7,175 restricted stock units (RSUs) on 11/10/2025.
How many RSUs did the Primoris (PRIM) CEO receive?
The reporting person was granted 7,175 restricted stock units, each tied to one share of PRIM common stock or its cash value on settlement.
How do the new Primoris (PRIM) RSUs vest?
The 7,175 RSUs vest in three equal installments: 1/3 on November 10, 2026, 1/3 on November 10, 2027, and 1/3 on November 10, 2028.
What does each Primoris (PRIM) restricted stock unit represent?
Each RSU represents a contingent right to receive one share of PRIM common stock or the cash value of one share on the settlement date, at the company’s discretion.
Is the Primoris (PRIM) CEO’s RSU award held directly or indirectly?
The Form 4 indicates the 7,175 restricted stock units are held directly by the reporting person.
What is the transaction date on the Primoris (PRIM) Form 4 filing?
The earliest transaction date reported for the RSU grant is 11/10/2025.