Primoris director granted 294 restricted shares
Saluja Harpreet reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Saluja Harpreet reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Harpreet Saluja received a grant of 294 shares of common stock under the company’s non-employee director compensation program. The award has a stated value of $37,500, with the price per share based on the average closing price during December 2025. After this grant, Saluja holds 1,095 common shares directly. The restricted stock cannot be sold for twelve months from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 294 shares
Grant/Award
1 txn
Insider
Saluja Harpreet
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 1,095 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, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Primoris (PRIM) director Harpreet Saluja report?
Primoris director Harpreet Saluja reported acquiring 294 shares of common stock as a restricted stock grant valued at $37,500. The grant comes from the non-employee director compensation program and increases Saluja’s direct holdings to 1,095 shares.
What are the key terms of Harpreet Saluja’s Primoris restricted stock award?
The award to Harpreet Saluja is 294 restricted shares of Primoris common stock with a stated value of $37,500. The shares cannot be sold for twelve months from the grant date, reflecting standard director compensation restrictions.
How was the value of Harpreet Saluja’s Primoris stock grant determined?
The $37,500 value of Harpreet Saluja’s restricted stock grant was based on the company’s non-employee director compensation program. The number of shares, 294, reflects the average closing price of Primoris stock during December 2025.
Is Harpreet Saluja’s Primoris Form 4 transaction a purchase or a grant?
The Form 4 reports a grant, not an open-market purchase. Harpreet Saluja acquired 294 Primoris common shares as a restricted stock award under the non-employee director compensation program, coded as a grant or other acquisition transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.