STOCK TITAN

Primoris (PRIM) COO shifts 147 new shares into family trust after RSU vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Primoris Services Corp chief operating officer Jeremy Kinch reported routine equity compensation activity and a related ownership reclassification. On April 1, 2026, 244 restricted stock units vested and were settled into an equal number of Primoris common shares. The company withheld 97 of those shares, valued at $143.04 per share, to satisfy his tax obligation tied to the vesting.

The remaining 147 shares from this settlement were transferred as a bona fide gift to the Kinch Family Trust, where Kinch serves as trustee. Following this transfer, he no longer holds common stock directly, and 25,681 shares are shown as owned indirectly by the Kinch Family Trust, including 25,534 shares previously transferred to the trust that had been misclassified as directly owned in earlier reports.

Positive

  • None.

Negative

  • None.
Insider Kinch Jeremy
Role CHIEF OPERATING OFFICER
Type Security Shares Price Value
Exercise Restricted Stock Units 244 $0.00 --
Exercise Common Stock 244 $0.00 --
Tax Withholding Common Stock 97 $143.04 $14K
Gift Common Stock 147 $0.00 --
Gift Common Stock 147 $0.00 --
Holdings After Transaction: Restricted Stock Units — 9,217 shares (Direct); Common Stock — 244 shares (Direct); Common Stock — 25,681 shares (Indirect, Family Trust)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. On April 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units. These shares are owned directly by the Kinch Family Trust and indirectly by Jeremy Kinch, as trustee of the trust. Amount of securities beneficially owned includes 25,534 shares previously transferred to the Kinch Family Trust which were inadvertently reported in prior periods as directly owned.
RSUs settled 244 shares Restricted stock units vested and settled into common stock on April 1, 2026
Tax withholding shares 97 shares at $143.04 Shares withheld to satisfy tax obligation on RSU settlement
Gifted shares 147 shares Bona fide gift of common stock to Kinch Family Trust
Indirect trust holdings 25,681 shares Primoris common stock held by Kinch Family Trust after transactions
Previously transferred shares 25,534 shares Earlier transfers to Kinch Family Trust misreported as directly owned
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of PRIM common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
bona fide gift financial
"transaction_action": "gift transfer", "transaction_code_description": "Bona fide gift""
Family Trust financial
"These shares are owned directly by the Kinch Family Trust and indirectly by Jeremy Kinch"
tax obligation financial
"Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units"
derivative exercise/conversion financial
""transaction_action": "derivative exercise/conversion", "transaction_code_description": "Exercise or conversion of derivative security""
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*
Kinch Jeremy

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF OPERATING OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
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 Stock04/01/2026M244A(1)244D
Common Stock04/01/2026F(2)97D$143.04147D
Common Stock04/01/2026G147D$00D
Common Stock04/01/2026G147A$025,681IFamily Trust(3)(4)
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
Restricted Stock Units(1)04/01/2026M244 (1) (1)Common Stock244$09,217D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. On April 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
2. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units.
3. These shares are owned directly by the Kinch Family Trust and indirectly by Jeremy Kinch, as trustee of the trust.
4. Amount of securities beneficially owned includes 25,534 shares previously transferred to the Kinch Family Trust which were inadvertently reported in prior periods as directly owned.
/s/ Kenneth M. Dodgen, Attorney-in-Fact04/02/2026
** 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 transactions did PRIM COO Jeremy Kinch report on April 1, 2026?

Jeremy Kinch reported vesting of 244 restricted stock units into Primoris common shares. Of these, 97 shares were withheld to cover taxes and 147 shares were gifted to the Kinch Family Trust, moving his equity exposure from direct to indirect ownership.

How many Primoris shares were withheld for taxes from Jeremy Kinch’s RSU vesting?

Primoris withheld 97 common shares from Jeremy Kinch at a value of $143.04 per share. This withholding covered his tax obligation arising from settlement of 244 vested restricted stock units into an equal number of Primoris common shares on April 1, 2026.

How many Primoris shares did Jeremy Kinch gift to the Kinch Family Trust?

Kinch transferred 147 Primoris common shares as a bona fide gift to the Kinch Family Trust. Those shares came from his newly settled restricted stock units, shifting this portion of his holdings from direct personal ownership into indirect ownership through the family trust.

What is Jeremy Kinch’s indirect Primoris share ownership through the Kinch Family Trust?

The Kinch Family Trust is shown holding 25,681 Primoris common shares indirectly for Jeremy Kinch as trustee. This total includes 25,534 shares that had previously been moved into the trust but were mistakenly reported in earlier periods as directly owned by him.

Did Jeremy Kinch sell any Primoris shares on the open market in this Form 4?

No open-market sales were reported. The activity consists of RSU vesting, tax withholding of 97 shares by the company, and a bona fide gift of 147 shares to the Kinch Family Trust, reflecting compensation settlement and estate-planning style transfers rather than market trades.