STOCK TITAN

Primoris (PRIM) director gets $37.5K restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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""
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*
Schauerman John P.

(Last)(First)(Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 N. FIELD STREET, 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)5,518D
Common Stock74,466ISchauerman Family Trust(2)
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.
2. Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust.
/s/ Kenneth M. Dodgen05/01/2026
** 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 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.

Are there sale restrictions on the 268 Primoris (PRIM) restricted shares granted to Schauerman?

Yes. The 268 restricted shares granted to John P. Schauerman cannot be sold for twelve months from the grant date. This lock-up period is part of the non-employee director compensation program’s terms governing restricted stock awards at Primoris Services Corp.

How many Primoris (PRIM) shares does John P. Schauerman own after this transaction?

After the grant, he directly owns 5,518 shares of Primoris common stock and indirectly holds 74,466 shares through the Schauerman Family Trust. These holdings include both his personal position and shares held in the referenced family trust structure.

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.