Primoris (NASDAQ: PRIM) director receives 294-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wagner Patricia K reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Patricia K. Wagner received a grant of 294 shares of common stock as part of the company’s non-employee director compensation program. The restricted stock award has a stated value of $37,500, with the share count based on the average closing price during December 2025. These shares cannot be sold for twelve months from the grant date. Following the award, Wagner holds 2,837 shares directly and 4,495 shares indirectly through the Wagner Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wagner Patricia K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,837 shares (Direct);
Common Stock — 4,495 shares (Indirect, By Wagner Family Trust)
Footnotes (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 December 2025, resulting in a grant of 294 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant. These shares are owned directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner.
FAQ
What did Primoris (PRIM) director Patricia K. Wagner report in this Form 4 filing?
Patricia K. Wagner reported receiving a grant of 294 shares of Primoris common stock valued at $37,500. The award is part of the non-employee director compensation program and is subject to a twelve-month sale restriction from the grant date.
What is the Primoris non-employee director compensation program mentioned in the filing?
Primoris has a non-employee director compensation program adopted in May 2011 and updated in July 2024, which includes restricted stock grants valued at $37,500. Directors receive shares instead of cash, with restrictions such as a twelve-month sale lockup.