Primoris director receives restricted stock grant
Ching Michael E. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ching Michael E. reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Michael E. Ching received a grant of 268 shares of common stock as part of the company’s non-employee director compensation program. The restricted stock has a stated value of $37,500, based on the average closing price during March 2026.
Following this award, Ching directly holds 10,398 shares of Primoris common stock. The granted shares cannot be sold for twelve months from the grant date, reflecting their role as long-term equity compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $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 March 2026, resulting in a grant of 268 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
Key Figures
Key Terms
restricted stock financial
non-employee director compensation program financial
average closing price financial
Form 4 regulatory
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