Primoris CEO granted 6,967 restricted stock units
Vadlamudi Koti reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,967 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
FAQ
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What insider transaction did PRIM report for Vadlamudi Koti?
How many restricted stock units were granted to the PRIM CEO?
What is the vesting schedule for the 6,967 PRIM restricted stock units?
What does each PRIM restricted stock unit granted to the CEO represent?
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