Primoris (PRIM) CAO Travis Stricker logs RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primoris Services Corp CAO Travis Stricker reported routine equity compensation activity. On January 30, 2026, 2,500 restricted stock units vested and were settled into 2,500 shares of common stock. To cover related tax obligations, 1,029 shares of common stock were withheld at a price of $152.47 per share. Following these transactions, Stricker directly owned 6,471 shares of Primoris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,500 shares exercised/converted
Mixed
3 txns
Insider
Stricker Travis
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Common Stock | 2,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,029 | $152.47 | $157K |
Holdings After Transaction:
Restricted Stock Units — 2,025 shares (Direct);
Common Stock — 7,500 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PRIM scommon stock or the cash value thereof on the date of settlement, in the Company's discretion. On January 30, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. Witholding of common stock to satistfy reporting person's tax obligation upon the settlement of vested restricted stock units.
FAQ
What insider transaction did PRIM CAO Travis Stricker report on January 30, 2026?
Travis Stricker reported the vesting of 2,500 restricted stock units, which were settled into 2,500 shares of Primoris common stock. This was part of his equity compensation and reflects a scheduled conversion of awards into shares.
What does transaction code “M” mean in the PRIM Form 4 for Travis Stricker?
Transaction code “M” indicates the exercise or conversion of derivative securities, such as restricted stock units. Here, 2,500 restricted stock units were converted into 2,500 shares of Primoris common stock as part of Stricker’s equity compensation vesting.
Are Travis Stricker’s Primoris (PRIM) transactions direct or indirect holdings?
All reported transactions and resulting holdings are classified as direct (“D”) beneficial ownership. The Form 4 and its footnotes do not reference any trusts, LLCs, or other entities, so the shares are attributed directly to Travis Stricker.