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[Form 4] Primoris Services Corporation Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

John M. Perisich, Chief Legal and Administrative Officer of Primoris Services Corporation, reported an insider sale of common stock. The Form 4 discloses a sale of 11,607 shares executed on 08/11/2025 at prices ranging from $111.30 to $111.61 per share (average disclosed $111.5139). The filing shows continuing indirect beneficial ownership of 133,607 shares held by the Perisich Family Trust dated July 11, 2007, for which Mr. Perisich is trustee. The form is signed by an attorney-in-fact and includes a footnote offering to disclose the breakdown of shares sold at each price within the stated range.

Positive

  • Retained indirect ownership of 133,607 shares via the Perisich Family Trust indicates continued alignment with shareholder interests.
  • Footnote offers full breakdown of the number of shares sold at each specific price within the disclosed range, supporting transparency.

Negative

  • Disposition of 11,607 shares by a senior officer is a sale that investors may interpret as reduced insider exposure.
  • Sale price range reported ($111.30–$111.61) reflects a significant cashing-out event that could attract market attention.

Insights

TL;DR: Insider sale of 11,607 shares at ~$111.51 with an ongoing indirect stake of 133,607 shares; neutral immediate signal.

The filing documents a straightforward disposition of 11,607 Primoris shares at an average price shown as $111.5139, with the seller retaining indirect beneficial ownership of 133,607 shares through a family trust. This combination—a disclosed sale alongside a substantial continuing indirect stake—provides limited new information about company fundamentals and is best classified as a routine liquidity event rather than a material change to the company's financial position.

TL;DR: Officer sold shares while maintaining control via a family trust; disclosure appears complete and routine.

The Form 4 identifies Mr. Perisich as both an officer and trustee of the Perisich Family Trust, which retains 133,607 indirectly held shares after the reported sale. The filing includes an explanatory footnote about price ranges and a signature executed by an attorney-in-fact. From a governance and disclosure perspective, the form supplies the customary information required for transparency regarding insider transactions.

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*
Perisich John M.

(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 LEGAL AND ADMIN OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
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 08/11/2025 S 11,607 D $111.5139(1) 133,607 I Family Trust(2)
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. These shares were sold in multiple transactions at prices ranging from $111.30 to $111.61 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust. Mr. Perisich is Chief Legal and Administrative Officer of Primoris.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 08/13/2025
** 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

What did Primoris (PRIM) insider John M. Perisich sell?

He sold 11,607 shares of Primoris common stock as reported on the Form 4.

At what prices were the PRIM shares sold?

Shares were sold at prices ranging from $111.30 to $111.61 per share, with an average reported of $111.5139.

How many PRIM shares does Perisich still beneficially own after the sale?

The filing reports indirect beneficial ownership of 133,607 shares held by the Perisich Family Trust.

What is John M. Perisich's role at Primoris?

He is identified as Chief Legal and Administrative Officer of Primoris Services Corporation.

Who signed the Form 4 filing?

The form is signed by Kenneth M. Dodgen, Attorney-in-Fact for the reporting person.
Primoris Svcs Corp

NYSE:PRIM

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6.32B
53.39M
1.18%
100.43%
3.9%
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
DALLAS