STOCK TITAN

Primoris Services Corp (PRIM) CEO awarded 6,967 restricted units

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

Rhea-AI Filing Summary

Vadlamudi Koti reported acquisition or exercise transactions in this Form 4 filing.

Primoris Services Corp president and CEO Vadlamudi Koti received a grant of 6,967 restricted stock units on March 1, 2026. These units cost $0.00 per unit and increase his directly held restricted stock units to 14,142 after the award.

Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value of a share on settlement, at the company’s discretion. The award vests over time: 25% on March 1, 2027, 25% on March 1, 2028, and the remaining 50% on March 1, 2029.

Positive

  • None.

Negative

  • None.
Insider Vadlamudi Koti
Role PRESIDENT & CEO
Type Security Shares Price Value
Grant/Award Restricted Stock Units 6,967 $0.00 --
Holdings After Transaction: Restricted Stock Units — 14,142 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
SEC Form 4
FORM 4 UNITED 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*
Vadlamudi Koti

(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 NORTH FIELD STREET, SUITE 1900

(Street)
DALLAS TX 75201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Primoris Services Corp [ PRIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT & CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/01/2026 A 6,967 (2) (2) Common Stock 6,967 $0 14,142 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
2. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did PRIM report for Vadlamudi Koti?

Primoris Services Corp reported that president and CEO Vadlamudi Koti received a grant of 6,967 restricted stock units on March 1, 2026. This was a compensatory award, not an open-market stock purchase or sale, and increased his directly held restricted stock units to 14,142.

How many restricted stock units were granted to the PRIM CEO?

The PRIM CEO, Vadlamudi Koti, was granted 6,967 restricted stock units. Each unit represents a contingent right to receive one share of Primoris common stock or its cash value on settlement, at the company’s discretion, subject to a multi-year vesting schedule.

What is the vesting schedule for the 6,967 PRIM restricted stock units?

The 6,967 restricted stock units vest in three stages: 25% on March 1, 2027, another 25% on March 1, 2028, and the remaining 50% on March 1, 2029. Vesting spreads the compensation over several years and encourages longer-term executive alignment.

What does each PRIM restricted stock unit granted to the CEO represent?

Each restricted stock unit represents a contingent right to receive one share of Primoris Services Corp common stock or the cash value of one share. The company decides whether settlement occurs in shares or cash when the units ultimately settle, after vesting conditions are met.

How many restricted stock units does the PRIM CEO hold after this award?

After receiving the 6,967-unit grant, the PRIM CEO directly holds 14,142 restricted stock units. This total reflects his beneficial ownership of this type of derivative security following the reported transaction, subject to the time-based vesting schedule specified in the award’s terms.