Primoris Services Corp (PRIM) director awarded 294 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ching Michael E. reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Michael E. Ching reported an equity award of 294 shares of common stock on a Form 4. The award was granted under the non-employee director compensation program, which provides restricted stock valued at $37,500 per grant. The price per share was based on the average closing price during December 2025, resulting in the 294-share grant. After this award, Ching held a total of 10,130 shares of Primoris common stock. The granted shares cannot be sold for twelve months from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ching Michael E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,130 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Primoris Services Corp (PRIM) report for Michael E. Ching?
Primoris director Michael E. Ching reported receiving 294 shares of common stock as an equity award. The grant came from the non-employee director compensation program and increased his direct holdings to 10,130 shares, reflecting a routine stock-based compensation grant rather than an open-market purchase.
What is the value of the restricted stock granted to Michael E. Ching by PRIM?
The restricted stock grant to Michael E. Ching had a stated value of $37,500. Under Primoris’ non-employee director compensation program, this value was converted into 294 shares using the average closing price during December 2025, forming part of his annual board compensation.