Primoris director awarded 356 restricted shares
King David Lee reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 356 | -- | -- |
Footnotes (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.
Key Figures
Key Terms
restricted stock financial
non-employee director compensation program financial
average closing price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Primoris (PRIM) report for David Lee King?
What is the dollar value of David Lee King’s new Primoris (PRIM) stock grant?
Was David Lee King’s Primoris (PRIM) stock grant made under a Rule 10b5-1 plan?
What compensation program governs David Lee King’s Primoris (PRIM) stock award?
AI-generated analysis. How Rhea-AI works. Not financial advice.