[Form 4] Primoris Services Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCALLISTER TERRY D reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Terry D. McCallister received a stock grant and reported existing trust holdings. Under the non-employee director compensation program, he was granted 268 shares of common stock valued at $37,500, with the price per share based on the average closing price during March 2026. These shares are restricted from sale for twelve months from the grant date. Following the grant, he holds 21,124.554 common shares directly and 10,000 shares indirectly through the Terry D. McCallister Trust dated June 14, 2013.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCCALLISTER TERRY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,124.554 shares (Direct, null);
Common Stock — 10,000 shares (Indirect, By 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. These shares are owned by the Terry D. McCallister Trust dated 6/14/2013 and indirectly by Terry D. McCallister, as a trustee of the trust.
Key Figures
Restricted stock grant value: $37,500
Restricted shares granted: 268 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
Restricted stock grant value
$37,500
Non-employee director compensation program grant
Restricted shares granted
268 shares
Common stock awarded to director Terry D. McCallister
Grant price per share
$0.0000 per share
Compensation award, not open-market purchase
Direct holdings after grant
21,124.554 shares
Common stock directly owned after April 30, 2026
Indirect trust holdings
10,000 shares
Held by Terry D. McCallister Trust dated June 14, 2013
Key Terms
non-employee director compensation program, restricted stock, indirectly, trust
4 terms
non-employee director compensation program financial
"The non-employee director compensation program adopted by the Board in May 2011 and updated July 2024, provides for the issuance of restricted stock..."
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.
indirectly financial
"These shares are owned by the Terry D. McCallister Trust dated 6/14/2013 and indirectly by Terry D. McCallister..."
trust financial
"These shares are owned by the Terry D. McCallister Trust dated 6/14/2013..."
FAQ
What insider transaction did Primoris Services Corp (PRIM) report for Terry D. McCallister?
Primoris reported that director Terry D. McCallister received a grant of 268 shares of common stock as part of the non-employee director compensation program, representing restricted stock valued at $37,500 and not an open-market purchase or sale.
How was the value of Terry D. McCallister’s Primoris (PRIM) stock grant determined?
The grant’s value was set at $37,500, with the number of shares, 268, calculated using the average closing price of Primoris common stock during March 2026, according to the company’s non-employee director compensation program.
What are Terry D. McCallister’s direct and indirect Primoris (PRIM) holdings after this filing?
After the grant, Terry D. McCallister holds 21,124.554 Primoris common shares directly. He also has indirect ownership of 10,000 shares held by the Terry D. McCallister Trust dated June 14, 2013, where he serves as trustee.
Was Terry D. McCallister’s Primoris (PRIM) stock grant a cash transaction?
No cash changed hands for the grant. The filing shows 268 shares were acquired at a price per share of $0.0000, indicating a compensation-related award of restricted stock rather than an open-market purchase for cash consideration.