Director Patricia Wagner receives $37.5K Primoris (PRIM) restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wagner Patricia K reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Patricia K. Wagner received a stock award rather than making an open-market trade. She was granted 268 shares of common stock valued at $37,500 under the non-employee director compensation program, with the price based on the average closing price during March 2026.
The restricted shares cannot be sold for twelve months from the grant date. After this grant, Wagner holds 3,105 shares directly and 4,495 shares indirectly through the Wagner Family Trust dated March 24, 2008.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wagner Patricia K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,105 shares (Direct, null);
Common Stock — 4,495 shares (Indirect, By Wagner Family 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 directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner.
Key Figures
Restricted stock grant value: $37,500
Restricted shares granted: 268 shares
Direct holdings after grant: 3,105 shares
+2 more
5 metrics
Restricted stock grant value
$37,500
Non-employee director compensation program award
Restricted shares granted
268 shares
Common stock granted on April 30, 2026
Direct holdings after grant
3,105 shares
Common stock held directly by Patricia K. Wagner
Indirect holdings via trust
4,495 shares
Common stock held by Wagner Family Trust
Sale restriction period
12 months
Restricted shares cannot be sold for twelve months from grant
Key Terms
non-employee director compensation program, restricted stock, indirectly, Wagner Family 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 directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner."
Wagner Family Trust financial
"These shares are owned directly by the Wagner Family Trust dated March 24, 2008"
FAQ
What insider transaction did Primoris Services Corp (PRIM) report for Patricia K. Wagner?
Primoris reported that director Patricia K. Wagner received a grant of 268 shares of common stock. The award is part of the company’s non-employee director compensation program and is structured as restricted stock rather than an open-market purchase or sale.
What is the value of Patricia K. Wagner’s stock grant in Primoris Services Corp (PRIM)?
The restricted stock grant to Patricia K. Wagner has a stated value of $37,500. The number of shares, 268, was determined using the average closing price of Primoris stock during March 2026 under the director compensation program.
What is the Wagner Family Trust mentioned in the Primoris (PRIM) Form 4 filing?
The Wagner Family Trust dated March 24, 2008 is identified as the owner of 4,495 Primoris shares. These shares are held indirectly by Patricia K. Wagner, meaning the trust is the direct shareholder while she is associated with that ownership interest.
Is Patricia K. Wagner’s Primoris (PRIM) stock grant part of a standard compensation program?
Yes. The filing states that the grant is issued under Primoris’ non-employee director compensation program, originally adopted in May 2011 and updated in July 2024. That program provides restricted stock awards with a target value of $37,500 for eligible directors.