STOCK TITAN

Primoris Services Corp (PRIM) director awarded 268 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Primoris Services Corp director David Lee King received a stock grant as part of the company’s non-employee director compensation program. On the grant date, he acquired 268 shares of common stock at no cash cost, based on a total award value of $37,500.

The number of shares was determined using the average closing price during March 2026, and these shares cannot be sold for twelve months from the grant date. Following this award, King directly holds 34,941 shares of Primoris common stock.

Positive

  • None.

Negative

  • None.
Insider King David Lee
Role null
Type Security Shares Price Value
Grant/Award Common Stock 268 $0.00 --
Holdings After Transaction: Common Stock — 34,941 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant value $37,500 Non-employee director stock award
Shares granted 268 shares Common stock awarded to director
Shares owned after grant 34,941 shares Director’s direct holdings post-transaction
Sale restriction period 12 months Shares cannot be sold from date of grant
Program adoption date May 2011 Initial adoption of director compensation program
Program update date July 2024 Latest update to director compensation program
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 March 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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*
King David Lee

(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)
04/30/2026
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 Stock04/30/2026A268A(1)34,941D
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 March 2026, resulting in a grant of 268 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-Fact05/01/2026
** 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)

FAQ

What did Primoris Services Corp (PRIM) director David Lee King report on this Form 4?

David Lee King reported receiving 268 shares of Primoris common stock as a stock grant valued at $37,500. The shares were issued under the non-employee director compensation program and increase his direct holdings to 34,941 shares after the transaction.

How was the number of Primoris (PRIM) shares in David Lee King’s grant calculated?

The grant’s share count was based on a fixed award value of $37,500, divided by the average closing price of Primoris stock during March 2026. This calculation resulted in an award of 268 shares of common stock under the director compensation program.

Are there any sale restrictions on the Primoris (PRIM) shares granted to David Lee King?

Yes. The 268 shares of Primoris common stock granted to David Lee King cannot be sold for twelve months from the grant date. This lockup period is specified in the non-employee director compensation program governing restricted stock awards.

How many Primoris (PRIM) shares does David Lee King own after this stock grant?

After receiving the 268-share restricted stock grant, David Lee King directly owns 34,941 shares of Primoris common stock. This total reflects the updated direct ownership position reported in the Form 4 following the compensation-related award.

What is the Primoris (PRIM) non-employee director compensation program mentioned in the Form 4?

The non-employee director compensation program, adopted in May 2011 and updated in July 2024, provides restricted stock awards to directors. For this grant, it specified a stock award valued at $37,500, which translated into 268 shares based on March 2026 average closing prices.