Director awarded restricted Primoris (PRIM) stock worth $37,500
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MCCALLISTER TERRY D reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Terry D. McCallister received a grant of 294 shares of common stock as non-employee director compensation. The restricted stock award has a stated value of $37,500, with the price per share based on the average closing price during December 2025, and the shares cannot be sold for twelve months from the grant date.
Following this award, McCallister holds 20,846.41 shares directly and 10,000 shares indirectly through the Terry D. McCallister Trust dated June 14, 2013.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCCALLISTER TERRY D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 294 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,846.41 shares (Direct);
Common Stock — 10,000 shares (Indirect, By 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 December 2025, resulting in a grant of 294 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 by the Terry D. McCallister Trust dated 6/14/2013 and indirectly by Terry D. McCallister, as a trustee of the trust.
FAQ
What insider transaction did Primoris Services Corp (PRIM) report for Terry D. McCallister?
Primoris reported that director Terry D. McCallister received a grant of 294 shares of common stock. The award is part of the non-employee director compensation program and is structured as restricted stock that cannot be sold for twelve months from the grant date.
What is the value of the restricted stock granted to the Primoris (PRIM) director?
The restricted stock grant to director Terry D. McCallister has a stated value of $37,500. The number of shares, 294, was determined using the average closing price during December 2025 to translate the dollar value into a share amount.