Primoris director receives restricted stock grant
Primoris Services Corp director David Lee King reported receiving a grant of common stock under the company’s non-employee director compensation program.
Rhea-AI Filing Summary
Primoris Services Corp director David Lee King reported receiving a grant of common stock under the company’s non-employee director compensation program. He acquired 166 restricted shares on the grant date, bringing his directly held total to 21,468 shares. The program provides for restricted stock with a value of $37,500, with the price per share based on the average closing price during December 2025. Because these are restricted shares, they cannot be sold for twelve months from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 166 | $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 December 2025. In November of 2025 Mr. King's employment status with the company changed which resulted in a prorated grant of 166 shares. The shares of stock cannot be sold for a period of twelve months from the date of grant.
FAQ
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What did Primoris Services Corp (PRIM) director David Lee King report on this Form 4?
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