STOCK TITAN

Primoris Services Corp (PRIM) COO logs stock unit vesting and grants

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

Rhea-AI Filing Summary

Primoris Services Corp Chief Operating Officer Jeremy Kinch reported several equity award-related transactions on March 1, 2026. He acquired 6,023 restricted stock units through the exercise or conversion of derivative securities and received an additional 2,323 restricted stock units as a new grant at no cash cost.

On the same date, he acquired 6,023 shares of common stock upon settlement of vested restricted stock units and was granted a further 20,290 common shares. To cover tax obligations on these vestings, 10,359 common shares were withheld and disposed of at a reported price of $150.72 per share.

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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*
Kinch Jeremy

(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 N. 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 OPERATING 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 6,023 A (1) 15,603 D
Common Stock 03/01/2026 A 20,290 A (2) 35,893 D
Common Stock 03/01/2026 F(3) 10,359 D $150.72 25,534 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 6,023 (1) (1) Common Stock 6,023 $0 7,138 D
Restricted Stock Units (4) 03/01/2026 A 2,323 (5) (5) Common Stock 2,323 $0 9,461 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.

FAQ

What insider transactions did Primoris Services Corp (PRIM) report for Jeremy Kinch?

Jeremy Kinch reported multiple equity-related transactions on March 1, 2026. He acquired restricted stock units and common shares through vesting and grants, and had shares withheld and disposed of to satisfy tax obligations tied to these equity awards.

How many restricted stock units did the Primoris COO acquire in this Form 4?

Jeremy Kinch acquired 6,023 restricted stock units via exercise or conversion and received 2,323 additional restricted stock units as a grant. Each restricted stock unit represents a contingent right to one share of Primoris common stock or its cash value upon settlement.

What common stock awards did Jeremy Kinch receive from Primoris Services Corp?

On March 1, 2026, Jeremy Kinch acquired 6,023 shares of Primoris common stock through settlement of vested restricted stock units. He also received a grant of 20,290 additional common shares, reflecting equity incentive compensation rather than an open-market stock purchase.

Why were 10,359 Primoris common shares disposed of in Jeremy Kinch’s Form 4?

The Form 4 shows 10,359 common shares disposed of under code F at $150.72 per share. Footnotes explain these shares were withheld to satisfy Jeremy Kinch’s tax obligations arising from the settlement of vested restricted stock units and performance stock units.

What is the vesting schedule for Jeremy Kinch’s new Primoris restricted stock units?

Footnotes describe the new restricted stock units vesting 25% on March 1, 2027, another 25% on March 1, 2028, and the remaining 50% on March 1, 2029. Each unit represents a contingent right to receive one Primoris common share or its cash value upon settlement.

Do Jeremy Kinch’s restricted stock units convert into Primoris common stock?

Each restricted stock unit represents a contingent right to receive one share of Primoris common stock or the cash value of a share. Settlement occurs on the applicable vesting or settlement date, at the company’s discretion between stock delivery or equivalent cash payment.
Primoris Svcs Corp

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8.17B
53.44M
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
DALLAS