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Primoris Services CEO receives 2,392 vested shares

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Form Type
4

Rhea-AI Filing Summary

Primoris Services Corp President and CEO Koti Vadlamudi had 2,392 restricted stock units vest and settle for an equal number of common shares on November 10, 2026. A further 942 common shares were withheld to satisfy the reporting person's tax obligation upon settlement. The derivative table reports 11,750 restricted stock units following the transaction.

Insider Vadlamudi Koti
Role PRESIDENT & CEO
Type Security Shares Price Value
Exercise Restricted Stock Units F1 2,392 $0.00 $0.00
Exercise Common Stock F1 2,392 -- --
Tax Withholding Common Stock F2 942 $71.24 $67K
Holdings After Transaction: Restricted Stock Units — 11,750 units (Direct); Common Stock — 9,265 shares (Direct)
Footnotes (2)
  1. F1. 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 November 10, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
  2. F2. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.
Common shares acquired on settlement 2,392 shares Received when restricted stock units vested and settled on November 10, 2026.
Common shares withheld 942 shares Withheld to satisfy the reporting person's tax obligation upon settlement on November 10, 2026.
Reported price for shares withheld $71.24 per share Associated with the tax-withholding transaction.
Restricted stock units following transaction 11,750 restricted stock units Reported following the November 10, 2026 transaction.
restricted stock units financial
"the restricted stock units vested and were settled"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

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How many PRIM shares did CEO Koti Vadlamudi receive from vested RSUs?

Koti Vadlamudi received 2,392 common shares when 2,392 restricted stock units vested and settled on November 10, 2026; 942 common shares were withheld to satisfy the reporting person's tax obligation.

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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*
Vadlamudi Koti

(Last)(First)(Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 NORTH 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
XOfficer (give title below)Other (specify below)
PRESIDENT & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026
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 Stock11/10/2026M2,392A(1)10,207D
Common Stock11/10/2026F(2)942D$71.249,265D
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
Restricted Stock Units(1)11/10/2026M2,392 (1) (1)Common Stock2,392$011,750D
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 November 10, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
2. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.
/s/ Kenneth M. Dodgen, Attorney-in-Fact11/12/2026
** 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)

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