Primoris Services (PRIM) director moves 2,241 shares into Wagner Family Trust
Rhea-AI Filing Summary
Primoris Services Corp director Patricia K. Wagner reported a bona fide gift of 2,241 shares of common stock on August 11, 2026. The shares were transferred for no consideration to the Wagner Family Trust, of which she is trustee and a beneficiary. After the transfer, she directly holds 1,220 shares and is the beneficial owner of 6,736 shares held indirectly by the Wagner Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,241 shares
Net Sell
2 txns
Insider
Wagner Patricia K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 2,241 | $0.00 | $0.00 |
| holding | Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,220 shares (Direct);
Common Stock — 6,736 shares (Indirect, By Wagner Family Trust)
Footnotes (2)
- F1. On August 11, 2026, the reporting person transferred 2,241 shares of PRIM common stock to the Wagner Family Trust dated March 24, 2008 for no consideration. The reporting person is the trustee of the trust, and the reporting person and members of her immediate family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
- F2. These shares are owned directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner.
Key Figures
Shares gifted: 2,241 shares
Price per share for gift: $0.00
Direct holdings after transaction: 1,220 shares
+2 more
5 metrics
Shares gifted
2,241 shares
Bona fide gift of common stock on August 11, 2026 to Wagner Family Trust
Price per share for gift
$0.00
Reported transaction price per share for the bona fide gift
Direct holdings after transaction
1,220 shares
Shares of Primoris common stock held directly by Patricia K. Wagner after the gift
Indirect holdings via trust
6,736 shares
Shares held by the Wagner Family Trust and reported as indirectly owned by Patricia K. Wagner
Gift transaction code
G
SEC transaction code indicating a bona fide gift of securities
Key Terms
bona fide gift, beneficial owner, indirectly by, nature of ownership
4 terms
bona fide gift financial
"The transaction is coded as a bona fide gift of 2,241 shares."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"The reporting person remains the beneficial owner of the securities held by the trust."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirectly by financial
"These shares are owned directly by the Wagner Family Trust and indirectly by Patricia K. Wagner."
nature of ownership financial
"The filing lists indirect ownership with the nature of ownership as By Wagner Family Trust."
FAQ
What insider transaction did PRIM director Patricia K. Wagner report?
Patricia K. Wagner reported a bona fide gift of 2,241 shares of Primoris Services Corp common stock on August 11, 2026, transferring them to the Wagner Family Trust for no consideration while retaining beneficial ownership.
What are Patricia K. Wagner’s direct PRIM holdings after this Form 4 transaction?
Following the reported gift, Patricia K. Wagner directly holds 1,220 shares of Primoris Services Corp common stock, as shown in the post-transaction holdings column of the Form 4.
What indirect PRIM holdings does the Wagner Family Trust report?
The Wagner Family Trust holds 6,736 shares of Primoris Services Corp common stock. These are reported as owned directly by the trust and indirectly by Patricia K. Wagner through her trustee and beneficiary role.
AI-generated analysis. How Rhea-AI works. Not financial advice.
