Primoris Services director receives $42.5K stock grant
The award's shares are subject to a 12-month restriction on sale, and its price basis used June 2026 average closing prices.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Terry D. McCallister, a director of Primoris Services Corp (PRIM), acquired 571 shares of restricted stock on October 30, 2026, under the non-employee director compensation program. The grant had a stated value of $42,500, based on the average closing price during June 2026. The shares cannot be sold for 12 months from the grant date. After the acquisition, McCallister held 22,093 shares directly; 10,000 shares were held indirectly by the Terry D. McCallister Trust, of which he is trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 571 | -- | -- |
| Holding | Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. The non-employee director compensation program adopted by the Board in May 2011 and updated July 2026, provides for the issuance of restricted stock with a value of $42,500. The price per share was based on the average closing price during June 2026, resulting in a grant of 571 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
- F2. These shares are owned by the Terry D. McCallister Trust dated 6/14/2013 and indirectly by Terry D. McCallister, as a trustee of the trust.
Key Figures
Key Terms
restricted stock financial
non-employee director compensation program financial
average closing price financial
trustee technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When can the PRIM director sell the restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.