Primoris director receives $37,500 stock grant
Primoris Services Corp director David Lee King received a stock grant as part of the company’s non-employee director compensation program.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $0.00 | $0.00 |
Footnotes (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 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.
Key Figures
Key Terms
restricted stock financial
non-employee director compensation program financial
average closing price financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Primoris Services Corp (PRIM) director David Lee King report on this Form 4?
What is the Primoris (PRIM) non-employee director compensation program mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.