STOCK TITAN

[Form 4] Primoris Services Corp Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Primoris Services Corp Chief Accounting Officer Travis Stricker reported multiple equity compensation events on March 1, 2026. Previously granted restricted stock units vested and were settled into 4,758 shares of common stock, while an additional 930 restricted stock units and 2,613 shares of common stock were granted under the company’s equity incentive plan.

To cover tax obligations from the vesting of restricted stock units and performance stock units, 2,904 shares of common stock were withheld at a price of $150.72 per share. After these acquisitions and tax-withholding dispositions, Stricker directly held 10,938 shares of common stock and 3,197 restricted stock units, with the new restricted stock units vesting 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.

Positive

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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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stricker Travis

(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 NORTH 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
CAO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 03/01/2026 M 4,758 A (1) 11,229 D
Common Stock 03/01/2026 A 2,613 A (2) 13,842 D
Common Stock 03/01/2026 F(3) 2,904 D $150.72 10,938 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
Restricted Stock Units (1) 03/01/2026 M 4,758 (1) (1) Common Stock 4,758 $0 2,267 D
Restricted Stock Units (4) 03/01/2026 A 930 (5) (5) Common Stock 930 $0 3,197 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. On March 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
2. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
3. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units.
4. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
5. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 03/03/2026
** 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 insider transactions did PRIM CAO Travis Stricker report on this Form 4?

Travis Stricker reported vesting, settlement, and new grants of equity awards, plus tax-share withholding. Vested restricted stock units became common shares, new restricted stock units and common stock were granted, and some shares were withheld to satisfy tax obligations tied to these equity awards.

How many Primoris (PRIM) shares did Travis Stricker acquire through vesting on March 1, 2026?

Stricker acquired 4,758 shares of Primoris common stock from vested restricted stock units on March 1, 2026. These units each converted into one share or cash equivalent, with the company choosing settlement in stock according to the equity incentive plan’s terms.

What new equity awards did the Primoris (PRIM) CAO receive in this filing?

He received 930 new restricted stock units and 2,613 shares of common stock as grants. The restricted stock units vest over three future dates, while the common stock grant reflects earned performance stock units under the company’s equity incentive compensation plan.

Why were 2,904 shares of Primoris (PRIM) stock withheld from Travis Stricker?

2,904 shares were withheld to cover Stricker’s tax obligations from vesting restricted and performance stock units. Instead of paying cash, shares were delivered back to the company at $150.72 per share, a common method for satisfying related tax liabilities.

What is Travis Stricker’s Primoris (PRIM) ownership after these Form 4 transactions?

Following these transactions, Stricker directly owned 10,938 shares of Primoris common stock and 3,197 restricted stock units. These figures reflect the combined impact of vesting, new grants, and share withholding for taxes as of March 1, 2026.

What is the vesting schedule for Travis Stricker’s new restricted stock units at Primoris (PRIM)?

The new restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029. Each unit represents a right to receive one share of Primoris common stock or its cash value upon settlement.
Primoris Svcs Corp

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53.13M
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
DALLAS