STOCK TITAN

Primoris Services Corp (PRIM) grants 356 restricted shares to director

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

King David Lee reported acquisition or exercise transactions in this Form 4 filing.

Primoris Services Corp director David Lee King received a grant of 356 shares of common stock as part of the company’s non-employee director compensation program. The award has a stated value of $37,500, determined using the average closing price during June 2026. These shares are restricted and cannot be sold for twelve months from the July 31, 2026 grant date. Following this award, King directly holds 15,297 shares of Primoris common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.

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Insider King David Lee
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 356 -- --
Holdings After Transaction: Common Stock — 15,297 shares (Direct)
Footnotes (1)
  1. F1. 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 June 2026, resulting in a grant of 356 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
Restricted stock grant 356 shares Non-employee director stock award to David Lee King on July 31, 2026
Grant value $37,500 Value specified under the non-employee director compensation program
Shares held after grant 15,297 shares David Lee King’s direct Primoris common stock holdings following the award
Sale restriction period 12 months Shares cannot be sold for twelve months from the date of grant
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"
average closing price financial
"The price per share was based on the average closing price during June 2026"
The average closing price is the arithmetic mean of a security’s end-of-day prices over a chosen period, found by adding each day’s closing price and dividing by the number of days. It smooths out daily ups and downs to show a typical market value—like averaging daily temperatures to understand a month’s climate—and helps investors spot trends, judge whether a stock is generally rising or falling, and make clearer buy or sell decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Primoris (PRIM) report for David Lee King?

Primoris reported that director David Lee King received a grant of 356 shares of common stock. The award is part of the non-employee director compensation program and increases his direct holdings to 15,297 shares after the transaction.

What is the dollar value of David Lee King’s new Primoris (PRIM) stock grant?

The new restricted stock grant to David Lee King has a stated value of $37,500. This value comes from Primoris’s non-employee director compensation program, which specifies restricted stock awards with that dollar amount for eligible directors.

How was the number of shares determined for David Lee King’s Primoris (PRIM) grant?

The 356 shares granted to David Lee King were calculated using the average closing price during June 2026. Applying this average price to the program’s $37,500 award value resulted in the specific share count disclosed.

What lock-up or holding restrictions apply to David Lee King’s Primoris (PRIM) shares?

The granted 356 restricted shares cannot be sold for twelve months from the July 31, 2026 grant date. This sale restriction applies to the award under the non-employee director compensation program, limiting near-term liquidity from this grant.

How many Primoris (PRIM) shares does David Lee King hold after this grant?

After the restricted stock award, David Lee King directly holds 15,297 shares of Primoris common stock. This total reflects his position immediately following the grant of 356 shares under the non-employee director compensation program.

Was David Lee King’s Primoris (PRIM) stock grant made under a Rule 10b5-1 plan?

The report indicates the transaction was not made pursuant to a Rule 10b5-1 trading plan. The document-level Rule 10b5-1 checkbox is marked false, meaning the grant is not described as occurring under a pre-arranged trading arrangement.

What compensation program governs David Lee King’s Primoris (PRIM) stock award?

The grant is issued under Primoris’s non-employee director compensation program, adopted in May 2011 and updated in July 2024. This program provides for restricted stock awards with a value of $37,500 to eligible non-employee directors.
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*
King David Lee

(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)
07/31/2026
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 Stock07/31/2026A356A(1)15,297D
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 June 2026, resulting in a grant of 356 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
/s/ Kenneth M. Dodgen, Attorney-in-Fact07/31/2026
** 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)