Primoris (PRIM) director awarded $37,500 in restricted stock grant
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
Net Buyer: 166 shares
Net Buy
1 txn
Insider
King David Lee
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 166 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 21,468 shares (Direct)
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.
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FAQ
What did Primoris Services Corp (PRIM) director David Lee King report on this Form 4?
He reported receiving a grant of 166 shares of Primoris common stock as restricted stock under the non-employee director compensation program, increasing his direct holdings to 21,468 shares following the transaction.
What is the value of the restricted stock grant reported by PRIM director David Lee King?
The compensation program provides for restricted stock with a value of $37,500. The number of shares granted, 166, was determined using a price per share based on the average closing price during December 2025.
When did David Lee King receive the restricted stock grant from Primoris Services Corp (PRIM)?
He received the grant on February 17, 2026, as reported on the Form 4. This transaction reflects a grant or award acquisition of Primoris common stock under the company’s non-employee director compensation program.