STOCK TITAN

Primoris (PRIM) Form 4: Director Boosts Stake to 16,821 Shares

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

Rhea-AI Filing Summary

Form 4 filing highlights: On 07/30/2025 Primoris Services Corp. (PRIM) director Jose Ramon Rodriguez was awarded 499 restricted common shares under the non-employee director compensation program.

The grant is valued at $37,500, derived from PRIM’s average June 2025 closing price (≈ $75.35 per share). The stock is subject to a 12-month resale restriction. After the award, Rodriguez directly owns 16,821 PRIM shares.

No derivative positions, dispositions, or open-market transactions were reported. Given the small size of the award relative to both director ownership and shares outstanding, the event is considered routine and immaterial to PRIM’s financial outlook or governance structure.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine restricted-stock grant; negligible effect on valuation or insider-sentiment.

The filing documents a standard board-compensation award of 499 shares worth $37.5 k. Post-transaction ownership rises to 16,821 shares—still a de-minimis stake versus PRIM’s float. No cash outflow, no derivatives, and a 12-month lock-up signal long-term alignment but offer little near-term trading insight. I view the disclosure as non-impactful for earnings, liquidity, or governance metrics.

Insider Rodriguez Jose Ramon
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 499 $0.00 --
Holdings After Transaction: Common Stock — 16,821 shares (Direct)
Footnotes (1)
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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*
Rodriguez Jose Ramon

(Last) (First) (Middle)
C/O PRIMORIS SERVICES CORPORATION
2300 N FIELD ST., 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025
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 07/30/2025 A 499 A (1) 16,821 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
Explanation of Responses:
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 June 2025, resulting in a grant of 499 shares of stock. The shares of stock cannot be sold for a period of twelve months from the date of grant.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 07/30/2025
** 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

How many PRIM shares did director Jose Ramon Rodriguez acquire?

He received 499 restricted common shares.

What was the value of the restricted-stock grant?

The grant was valued at $37,500 based on PRIM’s average June 2025 closing price.

How many PRIM shares does Rodriguez now own?

After the award, he directly owns 16,821 shares.

Is there a holding period on the awarded shares?

Yes. The shares cannot be sold for 12 months from the grant date.

What transaction code was used in the Form 4?

Transaction code A (acquisition) was reported.