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Primoris (PRIM) CFO logs stock awards and share tax withholding

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

Rhea-AI Filing Summary

Primoris Services Corp chief financial officer Kenneth Morris Dodgen reported several equity-related transactions. On March 1, 2026, restricted stock units vested and were settled into 10,522 shares of common stock, and an additional 2,140 restricted stock units were granted under the company’s equity plan.

Following these transactions, Dodgen directly owned 101,479 shares of common stock and held 9,397 restricted stock units. A total of 21,001 common shares were withheld at a price of $150.72 per share to satisfy tax obligations related to the RSU and performance stock unit settlements. The newly granted restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.

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Insider Dodgen Kenneth Morris
Role CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Exercise Restricted Stock Units 10,522 $0.00 --
Grant/Award Restricted Stock Units 2,140 $0.00 --
Exercise Common Stock 10,522 $0.00 --
Grant/Award Common Stock 42,842 $0.00 --
Tax Withholding Common Stock 21,001 $150.72 $3.17M
Holdings After Transaction: Restricted Stock Units — 7,257 shares (Direct); Common Stock — 79,638 shares (Direct)
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 March 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units. 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. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Dodgen Kenneth Morris
(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 NORTH FIELD STREET, SUITE 1900
(Street)
DALLAS TX 75201
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Primoris Services Corp [ PRIM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/01/2026 M 10,522 A (1) 79,638 D
Common Stock 03/01/2026 A 42,842 A (2) 122,480 D
Common Stock 03/01/2026 F(3) 21,001 D $150.72 101,479 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/01/2026 M 10,522 (1) (1) Common Stock 10,522 $0 7,257 D
Restricted Stock Units (4) 03/01/2026 A 2,140 (5) (5) Common Stock 2,140 $0 9,397 D
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 March 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.
2. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
3. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units.
4. 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.
5. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 03/03/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PRIM CFO Kenneth Morris Dodgen report?

Kenneth Morris Dodgen reported RSU vesting into 10,522 common shares, a grant of 2,140 new restricted stock units, and related common stock movements, including tax-withholding share dispositions tied to these equity awards under Primoris Services Corp’s incentive plans.

How many Primoris (PRIM) shares does the CFO own after these transactions?

After the reported transactions, the CFO directly owns 101,479 shares of Primoris common stock and holds 9,397 restricted stock units. These positions reflect both the settlement of vested awards and a new RSU grant under the company’s equity incentive arrangements.

Were any of the PRIM insider transactions open-market buys or sells?

No open-market buys or sells were reported. The filing shows equity award vesting, conversion of restricted stock units into common shares, a new RSU grant, and shares withheld at $150.72 solely to cover associated tax obligations on vested RSUs and performance stock units.

What is the vesting schedule for the new Primoris restricted stock units?

The newly granted restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029. This multi-year vesting structure links the CFO’s compensation to the company’s longer-term performance and continued service.

Why were 21,001 Primoris shares disposed of in the Form 4 filing?

The 21,001-share disposition reflects tax withholding, not an open-market sale. Shares were withheld at $150.72 per share to satisfy the reporting person’s tax obligations arising from settlement of vested restricted stock units and earned performance stock units.

What do Primoris restricted stock units reported in this Form 4 represent?

Each restricted stock unit represents a contingent right to receive one share of Primoris common stock, or its cash value, upon settlement. Vested RSUs reported here were settled into an equal number of common shares according to the company’s equity incentive plan terms.