Primoris Services (NYSE: PRIM) director receives $37,500 restricted stock grant
Rhea-AI Filing Summary
Wagner Patricia K reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Patricia K. Wagner received a grant of 356 shares of restricted common stock on July 31, 2026 under the non-employee director compensation program, with a stated value of $37,500. These shares cannot be sold for 12 months from the grant date.
Following the grant, Wagner holds 3,461 shares directly and 4,495 shares indirectly through the Wagner Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 356 shares
Net Buy
2 txns
Insider
Wagner Patricia K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 356 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,461 shares (Direct);
Common Stock — 4,495 shares (Indirect, By Wagner Family Trust)
Footnotes (1)
- F1. 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 June 2026, resulting in a grant of 356 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
Key Figures
Restricted stock grant: 356 shares
Grant value: $37,500
Direct holdings after grant: 3,461 shares
+2 more
5 metrics
Restricted stock grant
356 shares
Non-employee director compensation grant to Patricia K. Wagner on July 31, 2026
Grant value
$37,500
Value of restricted stock issued under director compensation program
Direct holdings after grant
3,461 shares
Primoris common stock held directly by Patricia K. Wagner following the grant
Indirect holdings after grant
4,495 shares
Primoris common stock held indirectly by Wagner through the Wagner Family Trust
Sale restriction period
12 months
Restricted shares cannot be sold for 12 months from the July 31, 2026 grant date
Key Terms
restricted stock, non-employee director compensation program, average closing price, indirect ownership
4 terms
restricted stock financial
"provides for the issuance of restricted stock with a value of $37,500"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-employee director compensation program financial
"The non-employee director compensation program adopted by the Board"
average closing price financial
"The price per share was based on the average closing price during June 2026"
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.
indirect ownership financial
"4,495 shares reported as indirect ownership by the Wagner Family Trust"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Primoris Services Corp (PRIM) report for Patricia K. Wagner?
Primoris director Patricia K. Wagner received a grant of 356 shares of restricted common stock valued at $37,500 on July 31, 2026, as part of the company’s non-employee director compensation program, with the shares subject to a 12-month sale restriction.
What are the terms of the restricted stock granted to Patricia K. Wagner at Primoris (PRIM)?
The grant to Patricia K. Wagner consists of 356 restricted shares of Primoris common stock, valued at $37,500. The shares were priced using the average closing price during June 2026 and cannot be sold for 12 months from the July 31, 2026 grant date.
How was the value of Patricia K. Wagner’s Primoris (PRIM) stock grant determined?
The non-employee director compensation program sets a target value of $37,500 in restricted stock. For Patricia K. Wagner’s July 31, 2026 grant, the number of shares, 356, was based on the average closing price of Primoris stock during June 2026.
Was Patricia K. Wagner’s Primoris (PRIM) stock grant made under a Rule 10b5-1 trading plan?
The Form 4 for Primoris (PRIM) indicates the Rule 10b5-1 checkbox was not affirmed, meaning the reported July 31, 2026 restricted stock grant to director Patricia K. Wagner is not identified as made pursuant to a Rule 10b5-1 trading plan.