Primoris (PRIM) director gets $37.5K restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schauerman John P. reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director John P. Schauerman received a grant of 268 shares of restricted common stock valued at $37,500 under the company’s non-employee director compensation program. The grant value was based on the average closing price during March 2026, and the shares cannot be sold for twelve months from the grant date.
Following this award, Schauerman holds 5,518 shares of Primoris common stock directly and 74,466 shares indirectly through the Schauerman Family Trust. This filing reflects routine equity compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schauerman John P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,518 shares (Direct, null);
Common Stock — 74,466 shares (Indirect, Schauerman Family Trust)
Footnotes (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. Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust.
Key Figures
Restricted stock grant: 268 shares
Grant value: $37,500
Grant pricing basis: Average closing price March 2026
+4 more
7 metrics
Restricted stock grant
268 shares
Non-employee director compensation award
Grant value
$37,500
Non-employee director compensation program
Grant pricing basis
Average closing price March 2026
Used to calculate shares granted
Sale restriction period
12 months
Restricted stock cannot be sold from grant date
Direct holdings after grant
5,518 shares
Common stock directly owned by Schauerman
Indirect trust holdings
74,466 shares
Common stock held by Schauerman Family Trust
Grant price per share
$0.0000
Form 4 entry for restricted stock award
Key Terms
restricted stock, non-employee director compensation program, Schauerman Family Trust, indirect ownership
4 terms
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"
Schauerman Family Trust financial
"Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust."
indirect ownership financial
"direct_or_indirect": "I","nature_of_ownership": "Schauerman Family Trust""
FAQ
What did Primoris (PRIM) director John P. Schauerman report in this Form 4?
He reported receiving 268 shares of restricted Primoris common stock as a compensation grant valued at $37,500. The award comes from the non-employee director compensation program and reflects equity-based pay, not an open-market purchase or sale of shares.
How was the value of the Primoris (PRIM) restricted stock grant to Schauerman determined?
The grant’s $37,500 value was set under the board-approved director compensation program, using the average closing price of Primoris stock during March 2026. That pricing formula resulted in an award of 268 restricted shares to director John P. Schauerman.
Was the Primoris (PRIM) Form 4 transaction a market buy or sell by Schauerman?
No. The Form 4 shows a grant of 268 restricted shares with a per-share price of $0.0000, reflecting compensation rather than a market trade. There are no reported open-market purchases or sales by John P. Schauerman in this filing.