Primoris (PRIM) director receives $37,500 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rodriguez Jose Ramon reported acquisition or exercise transactions in this Form 4 filing.
Primoris Services Corp director Jose Ramon Rodriguez received a grant of 268 shares of common stock as non-employee director compensation. The award has a stated value of $37,500, based on the average closing price during March 2026, and the shares cannot be sold for twelve months from the grant date. Following this grant, Rodriguez directly holds 17,685 shares of Primoris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rodriguez Jose Ramon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 268 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 17,685 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 268 shares
Grant value: $37,500
Holdings after transaction: 17,685 shares
+1 more
4 metrics
Restricted stock grant
268 shares
Non-employee director compensation award
Grant value
$37,500
Value of restricted stock under compensation program
Holdings after transaction
17,685 shares
Director’s direct Primoris common stock position
Sale restriction period
twelve months
Shares cannot be sold for twelve months from grant date
Key Terms
restricted stock, non-employee director compensation program, average closing price, date of grant
4 terms
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.
non-employee director compensation program financial
"The non-employee director compensation program adopted by the Board"
average closing price financial
"The price per share was based on the average closing price during March 2026"
date of grant financial
"The shares of stock cannot be sold for a period of twelve months from the date of grant"
FAQ
What insider transaction did Primoris Services Corp (PRIM) disclose for Jose Ramon Rodriguez?
Primoris disclosed that director Jose Ramon Rodriguez received a grant of 268 shares of common stock as part of non-employee director compensation. The award is valued at $37,500 and increases his direct holdings to 17,685 Primoris shares after the transaction.
What is the reported value of Jose Ramon Rodriguez’s Primoris (PRIM) stock grant?
The stock grant to Jose Ramon Rodriguez is reported with a value of $37,500 under the Primoris non-employee director compensation program. This value is based on the average closing price of Primoris shares during March 2026, as described in the filing’s footnote disclosure.