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Primoris Services Corp (NYSE: PRIM) grants director $37,500 in restricted stock

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Saluja Harpreet reported acquisition or exercise transactions in this Form 4 filing.

Primoris Services Corp director Harpreet Saluja received a grant of 356 shares of common stock on July 31, 2026 under the non-employee director compensation program. The restricted stock has a stated value of $37,500 and cannot be sold for twelve months, bringing Saluja's direct holdings to 1,719 shares.

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Insider Saluja Harpreet
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 356 -- --
Holdings After Transaction: Common Stock — 1,719 shares (Direct)
Footnotes (1)
  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.
Shares granted 356 shares Restricted stock grant to director Harpreet Saluja on July 31, 2026
Grant value $37,500 Value of restricted stock under non-employee director compensation program
Shares held after grant 1,719 shares Total direct Primoris common stock held by Harpreet Saluja following the transaction
Sale restriction period twelve months Restricted shares cannot be sold for twelve months from the grant date
Program update date July 2024 Non-employee director compensation program updated July 2024
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 in May 2011"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Primoris Services Corp (PRIM) report for Harpreet Saluja?

Primoris reported that director Harpreet Saluja received a grant of 356 shares of common stock on July 31, 2026. The award is part of the company’s non-employee director compensation program and is classified as a grant or award acquisition.

What is the value of the stock grant to director Harpreet Saluja at Primoris (PRIM)?

The restricted stock granted to Harpreet Saluja has a stated value of $37,500. This value is determined under Primoris’s non-employee director compensation program and is based on the average closing price during June 2026 used to calculate the number of shares.

How many Primoris (PRIM) shares does Harpreet Saluja hold after this Form 4 transaction?

After the grant of 356 shares, Harpreet Saluja directly holds 1,719 shares of Primoris common stock. This figure reflects the total direct ownership reported following the July 31, 2026 restricted stock award under the director compensation program.

Are there sale restrictions on the 356 restricted shares granted by Primoris (PRIM) to Harpreet Saluja?

Yes. The 356 shares granted to Harpreet Saluja are restricted stock that cannot be sold for twelve months from the grant date. This holding period applies under Primoris’s non-employee director compensation program as described in the award footnote.

Under what program was the July 31, 2026 Primoris (PRIM) stock grant to Harpreet Saluja made?

The grant was made under Primoris’s non-employee director compensation program, adopted in May 2011 and updated in July 2024. The program provides for restricted stock awards with a $37,500 value for eligible directors.
SEC Form 4
FORM 4UNITED 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*
Saluja Harpreet

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

(Street)
DALLAS TEXAS 75201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Primoris Services Corp [ PRIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026A356A(1)1,719D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/s/ Kenneth M. Dodgen, Attorney-in-Fact07/31/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)