STOCK TITAN

Primoris (PRIM) director granted $37,500 in restricted stock compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Insider Ching Michael E.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 268 $0.00 --
Holdings After Transaction: Common Stock — 10,398 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock granted 268 shares Non-employee director award on Form 4
Grant value $37,500 Director compensation program value for restricted stock
Shares owned after grant 10,398 shares Direct holdings following the reported transaction
Holding period 12 months Restricted shares cannot be sold for twelve months from grant
Pricing basis Average March 2026 closing price Used to convert $37,500 value into 268 shares
restricted stock financial
"provides for the issuance of restricted stock with a value of $37,500"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-employee director compensation program financial
"The non-employee director compensation program adopted by the Board in May 2011"
average closing price financial
"The price per share was based on the average closing price during March 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ching Michael E.

(Last)(First)(Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 N FIELD ST., SUITE 1900

(Street)
DALLAS TEXAS 75201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Primoris Services Corp [ PRIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026A268A(1)10,398D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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 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.
/s/ Kenneth M. Dodgen, Attorney-in-Fact05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Primoris Services Corp (PRIM) report for Michael E. Ching?

Primoris reported that director Michael E. Ching received a grant of 268 shares of common stock as restricted stock. This award is part of the non-employee director compensation program and represents equity-based compensation rather than an open-market stock purchase.

What is the value of the restricted stock granted to the Primoris (PRIM) director?

The restricted stock granted to Michael E. Ching has a stated value of $37,500. This value was determined using the average closing price of Primoris common stock during March 2026, as specified in the company’s director compensation program.

How many Primoris (PRIM) shares does Michael E. Ching own after this Form 4 transaction?

After receiving the 268-share restricted stock grant, Michael E. Ching directly holds 10,398 shares of Primoris common stock. This figure reflects his direct ownership position immediately following the reported transaction in the Form 4 filing.

Are the restricted shares granted to the Primoris (PRIM) director immediately tradable?

No. The 268 restricted shares granted to Michael E. Ching cannot be sold for twelve months from the grant date. This holding period aligns the director’s incentives with longer-term company performance and limits short-term trading of the award.

How was the number of restricted shares for the Primoris (PRIM) director determined?

The 268 shares were calculated under Primoris’s non-employee director compensation program, which provides restricted stock with a value of $37,500. The share count is based on the average closing price of Primoris stock during March 2026.