STOCK TITAN

Primoris (PRIM) legal chief sells 29,707 shares, keeps large trust stake

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Primoris Services Corp’s chief legal and administrative officer, John M. Perisich, reported open‑market sales of 29,707 shares of common stock on May 28, 2026. The sales were executed in multiple transactions at prices ranging from about $125.06 to $130.24 per share as part of an annual asset diversification strategy, according to the disclosure. Following these transactions, he holds 27,574 shares directly and 133,607 shares indirectly through the Perisich Family Trust.

Positive

  • None.

Negative

  • None.

Insights

Executive sells shares for diversification while retaining a substantial stake.

Chief legal and administrative officer John M. Perisich sold 29,707 shares of Primoris Services Corp common stock in open‑market transactions on May 28, 2026. Reported sale prices ranged from about $125.06 to $130.24 per share.

A footnote states the sales were made as part of an annual asset diversification strategy, suggesting routine portfolio management rather than a one‑off event. After these sales, he still holds 27,574 shares directly and 133,607 shares indirectly via a family trust, indicating a remaining sizable equity position.

There are no derivative holdings reported in this filing, and no indications of a Rule 10b5‑1 trading plan in the excerpt. Subsequent company filings may further clarify any future changes in his holdings or compensation‑related equity grants.

Insider Perisich John M.
Role CHIEF LEGAL AND ADMIN OFFICER
Sold 29,707 shs ($3.80M)
Type Security Shares Price Value
Sale Common Stock 2,133 $125.7483 $268K
Sale Common Stock 9,450 $126.6806 $1.20M
Sale Common Stock 6,017 $127.6584 $768K
Sale Common Stock 6,147 $128.6463 $791K
Sale Common Stock 5,855 $129.8524 $760K
Sale Common Stock 105 $130.26 $14K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 27,574 shares (Direct, null); Common Stock — 133,607 shares (Indirect, Family Trust)
Footnotes (1)
  1. Sale made by the reporting person as part of an annual asset diversification strategy. These shares were sold in multiple transactions at prices ranging from $125.06 to $126.02 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $126.14 to $127.06 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $127.15 to $128.08 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $128.17 to $129.10 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $129.24 to $130.24 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust.
Shares sold 29,707 shares Open-market sales on May 28, 2026
Sale price range $125.06–$130.24 per share Multiple transactions per Form 4 footnotes
Direct holdings after sales 27,574 shares Common stock held directly after May 28, 2026
Indirect trust holdings 133,607 shares Perisich Family Trust common stock position
Highest reported transaction price $130.2600 per share One of the May 28, 2026 sales
Lowest reported price range bound $125.06 per share Lower end of disclosed multi-trade range
open-market sale financial
"transaction_action": "open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
annual asset diversification strategy financial
"Sale made by the reporting person as part of an annual asset diversification strategy."
Family Trust financial
"These shares are owned directly by the Perisich Family Trust dated July 11, 2007"
indirectly financial
"and indirectly by John M. Perisich, as trustee of the trust."
multiple transactions financial
"These shares were sold in multiple transactions at prices ranging from"
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*
Perisich John M.

(Last)(First)(Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 NORTH 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF LEGAL AND ADMIN OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
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 Stock05/28/2026S(1)2,133D$125.7483(2)27,574D
Common Stock05/28/2026S(1)9,450D$126.6806(3)18,124D
Common Stock05/28/2026S(1)6,017D$127.6584(4)12,107D
Common Stock05/28/2026S(1)6,147D$128.6463(5)5,960D
Common Stock05/28/2026S(1)5,855D$129.8524(6)105D
Common Stock05/28/2026S(1)105D$130.260D
Common Stock133,607IFamily Trust(7)
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. Sale made by the reporting person as part of an annual asset diversification strategy.
2. These shares were sold in multiple transactions at prices ranging from $125.06 to $126.02 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. These shares were sold in multiple transactions at prices ranging from $126.14 to $127.06 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. These shares were sold in multiple transactions at prices ranging from $127.15 to $128.08 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. These shares were sold in multiple transactions at prices ranging from $128.17 to $129.10 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. These shares were sold in multiple transactions at prices ranging from $129.24 to $130.24 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
7. These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust.
/s/ Kenneth M. Dodgen, Attorney-in-Fact05/29/2026
** 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 insider transaction did Primoris Services Corp (PRIM) report for John M. Perisich?

Primoris reported that chief legal and administrative officer John M. Perisich sold 29,707 shares of common stock on May 28, 2026. The transactions were open‑market sales executed across multiple price ranges disclosed in the Form 4 footnotes.

At what prices did John M. Perisich sell Primoris (PRIM) shares?

The Form 4 shows multiple open‑market sales with prices ranging from about $125.06 to $130.24 per share. Several separate transactions occurred within narrower ranges, with the filing offering to provide detailed price breakdowns upon written request.

How many Primoris (PRIM) shares does John M. Perisich hold after the reported sales?

After the May 28, 2026 sales, John M. Perisich holds 27,574 shares directly and 133,607 shares indirectly through the Perisich Family Trust. These positions reflect his reported ownership in Primoris Services Corp following the disclosed open‑market transactions.

Why did John M. Perisich sell Primoris (PRIM) shares according to the Form 4?

A footnote states the sales were made as part of an annual asset diversification strategy. This language indicates the transactions are tied to recurring portfolio rebalancing decisions rather than being described as a one‑time or unusual liquidation event by the reporting person.

Does the Primoris (PRIM) Form 4 show any derivative exercises for John M. Perisich?

No derivative transactions are listed in the provided Form 4 excerpt. The derivativeSummary is empty and the transactionSummary shows only open‑market sales of common stock, with no option exercises, conversions, or other derivative activity reported for this date.

How is the Perisich Family Trust involved in Primoris (PRIM) share ownership?

The filing notes that 133,607 shares are owned by the Perisich Family Trust, and indirectly by John M. Perisich as trustee. These are reported as indirect holdings, separate from his directly owned Primoris common stock position after the sales.