STOCK TITAN

[Form 4] Primoris Services Corporation Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Affirm Holdings, Inc. (AFRM) – Insider Transaction Form 4

On 07/07/2025, Chief Financial Officer Robert O’Hare reported the sale of 19,802 Class A common shares at a weighted-average price of $70.03 (range $70.00-$70.21) under a Rule 10b5-1 trading plan adopted 12/06/2024. After the sale, the filing lists 0 shares beneficially owned.

  • Transaction code: S (open-market sale)
  • Form filed on 07/09/2025; only non-derivative shares affected
  • No derivative positions were reported

The filing signals full divestiture by the company’s CFO while confirming adherence to SEC 10b5-1 safe-harbor procedures.

Affirm Holdings, Inc. (AFRM) – Modulo di Transazione Insider 4

Il 07/07/2025, il Chief Financial Officer Robert O’Hare ha comunicato la vendita di 19.802 azioni ordinarie di Classe A a un prezzo medio ponderato di $70,03 (intervallo $70,00-$70,21) nell’ambito di un piano di trading Rule 10b5-1 adottato il 06/12/2024. Dopo la vendita, il modulo indica 0 azioni detenute a titolo beneficiario.

  • Codice transazione: S (vendita sul mercato aperto)
  • Modulo presentato il 09/07/2025; interessate solo azioni non derivate
  • Non sono state segnalate posizioni derivate

Il modulo segnala la completa dismissione da parte del CFO della società, confermando nel contempo il rispetto delle procedure di safe-harbor della SEC 10b5-1.

Affirm Holdings, Inc. (AFRM) – Formulario de Transacción de Insider 4

El 07/07/2025, el Director Financiero Robert O’Hare informó la venta de 19,802 acciones comunes Clase A a un precio promedio ponderado de $70.03 (rango $70.00-$70.21) bajo un plan de negociación Rule 10b5-1 adoptado el 06/12/2024. Tras la venta, el formulario indica que posee 0 acciones en beneficio propio.

  • Código de transacción: S (venta en mercado abierto)
  • Formulario presentado el 09/07/2025; solo acciones no derivadas afectadas
  • No se reportaron posiciones derivadas

El formulario señala la completa desinversión por parte del CFO de la empresa, confirmando a su vez el cumplimiento con los procedimientos de protección Rule 10b5-1 de la SEC.

Affirm Holdings, Inc. (AFRM) – 내부자 거래 보고서 양식 4

2025년 7월 7일, 최고재무책임자 로버트 오헤어가 2024년 12월 6일 채택된 Rule 10b5-1 거래 계획에 따라 가중평균가격 $70.03 (범위 $70.00-$70.21)로 19,802 주의 클래스 A 보통주를 매도했다고 보고했습니다. 매도 후, 보고서에는 0 주를 실질 소유한 것으로 기재되어 있습니다.

  • 거래 코드: S (공개 시장 매도)
  • 양식 제출일: 2025년 7월 9일; 비파생 주식만 해당
  • 파생상품 포지션은 보고되지 않음

이 보고서는 회사 CFO의 전량 매각을 알리며, SEC 10b5-1 안전항 절차 준수를 확인합니다.

Affirm Holdings, Inc. (AFRM) – Formulaire de Transaction d’Initié 4

Le 07/07/2025, le Directeur Financier Robert O’Hare a déclaré la vente de 19 802 actions ordinaires de Classe A à un prix moyen pondéré de 70,03 $ (plage de 70,00 $ à 70,21 $) dans le cadre d’un plan de négociation Rule 10b5-1 adopté le 06/12/2024. Après la vente, le document indique la détention effective de 0 actions.

  • Code de transaction : S (vente sur le marché ouvert)
  • Formulaire déposé le 09/07/2025 ; seules les actions non dérivées sont concernées
  • Aucune position dérivée n’a été signalée

Ce dépôt indique une cession complète par le CFO de l’entreprise tout en confirmant le respect des procédures de safe harbor SEC 10b5-1.

Affirm Holdings, Inc. (AFRM) – Insider-Transaktionsformular 4

Am 07.07.2025 meldete Chief Financial Officer Robert O’Hare den Verkauf von 19.802 Class A Stammaktien zu einem gewichteten Durchschnittspreis von 70,03 $ (Spanne 70,00 $–70,21 $) im Rahmen eines am 06.12.2024 eingeführten Rule 10b5-1 Handelsplans. Nach dem Verkauf listet die Meldung 0 begünstigt gehaltene Aktien.

  • Transaktionscode: S (Offenmarktverkauf)
  • Formular eingereicht am 09.07.2025; nur nicht-derivative Aktien betroffen
  • Keine derivativen Positionen gemeldet

Die Meldung signalisiert die vollständige Veräußerung durch den CFO des Unternehmens und bestätigt zugleich die Einhaltung der SEC 10b5-1 Safe-Harbor-Verfahren.

Positive
  • Rule 10b5-1 plan confirms the sale was pre-planned, supporting transparency and regulatory compliance.
Negative
  • CFO Robert O’Hare sold 19,802 shares, reducing beneficial ownership to zero, potentially viewed as diminished alignment with shareholder interests.

Insights

CFO sells entire stake; potential negative signal despite 10b5-1 plan.

The complete divestiture (19,802 shares) by Affirm’s CFO at roughly $70 may be interpreted by investors as reduced management conviction, particularly because beneficial ownership falls to zero. Although executed under a pre-arranged 10b5-1 plan—which mitigates timing concerns—the transaction removes direct equity alignment between the CFO and shareholders. No offsetting purchases or option exercises were disclosed, leaving the market to weigh the sale on its own.

Sale follows governance best practices; impact likely neutral.

The use of a Rule 10b5-1 plan adopted months in advance demonstrates sound governance and transparency. Insiders often diversify holdings, and compliance reduces potential litigation risk for the company. However, elimination of the CFO’s ownership stake could draw scrutiny from governance rating agencies. Overall, the event appears routine and does not, in isolation, constitute a material governance red flag.

Affirm Holdings, Inc. (AFRM) – Modulo di Transazione Insider 4

Il 07/07/2025, il Chief Financial Officer Robert O’Hare ha comunicato la vendita di 19.802 azioni ordinarie di Classe A a un prezzo medio ponderato di $70,03 (intervallo $70,00-$70,21) nell’ambito di un piano di trading Rule 10b5-1 adottato il 06/12/2024. Dopo la vendita, il modulo indica 0 azioni detenute a titolo beneficiario.

  • Codice transazione: S (vendita sul mercato aperto)
  • Modulo presentato il 09/07/2025; interessate solo azioni non derivate
  • Non sono state segnalate posizioni derivate

Il modulo segnala la completa dismissione da parte del CFO della società, confermando nel contempo il rispetto delle procedure di safe-harbor della SEC 10b5-1.

Affirm Holdings, Inc. (AFRM) – Formulario de Transacción de Insider 4

El 07/07/2025, el Director Financiero Robert O’Hare informó la venta de 19,802 acciones comunes Clase A a un precio promedio ponderado de $70.03 (rango $70.00-$70.21) bajo un plan de negociación Rule 10b5-1 adoptado el 06/12/2024. Tras la venta, el formulario indica que posee 0 acciones en beneficio propio.

  • Código de transacción: S (venta en mercado abierto)
  • Formulario presentado el 09/07/2025; solo acciones no derivadas afectadas
  • No se reportaron posiciones derivadas

El formulario señala la completa desinversión por parte del CFO de la empresa, confirmando a su vez el cumplimiento con los procedimientos de protección Rule 10b5-1 de la SEC.

Affirm Holdings, Inc. (AFRM) – 내부자 거래 보고서 양식 4

2025년 7월 7일, 최고재무책임자 로버트 오헤어가 2024년 12월 6일 채택된 Rule 10b5-1 거래 계획에 따라 가중평균가격 $70.03 (범위 $70.00-$70.21)로 19,802 주의 클래스 A 보통주를 매도했다고 보고했습니다. 매도 후, 보고서에는 0 주를 실질 소유한 것으로 기재되어 있습니다.

  • 거래 코드: S (공개 시장 매도)
  • 양식 제출일: 2025년 7월 9일; 비파생 주식만 해당
  • 파생상품 포지션은 보고되지 않음

이 보고서는 회사 CFO의 전량 매각을 알리며, SEC 10b5-1 안전항 절차 준수를 확인합니다.

Affirm Holdings, Inc. (AFRM) – Formulaire de Transaction d’Initié 4

Le 07/07/2025, le Directeur Financier Robert O’Hare a déclaré la vente de 19 802 actions ordinaires de Classe A à un prix moyen pondéré de 70,03 $ (plage de 70,00 $ à 70,21 $) dans le cadre d’un plan de négociation Rule 10b5-1 adopté le 06/12/2024. Après la vente, le document indique la détention effective de 0 actions.

  • Code de transaction : S (vente sur le marché ouvert)
  • Formulaire déposé le 09/07/2025 ; seules les actions non dérivées sont concernées
  • Aucune position dérivée n’a été signalée

Ce dépôt indique une cession complète par le CFO de l’entreprise tout en confirmant le respect des procédures de safe harbor SEC 10b5-1.

Affirm Holdings, Inc. (AFRM) – Insider-Transaktionsformular 4

Am 07.07.2025 meldete Chief Financial Officer Robert O’Hare den Verkauf von 19.802 Class A Stammaktien zu einem gewichteten Durchschnittspreis von 70,03 $ (Spanne 70,00 $–70,21 $) im Rahmen eines am 06.12.2024 eingeführten Rule 10b5-1 Handelsplans. Nach dem Verkauf listet die Meldung 0 begünstigt gehaltene Aktien.

  • Transaktionscode: S (Offenmarktverkauf)
  • Formular eingereicht am 09.07.2025; nur nicht-derivative Aktien betroffen
  • Keine derivativen Positionen gemeldet

Die Meldung signalisiert die vollständige Veräußerung durch den CFO des Unternehmens und bestätigt zugleich die Einhaltung der SEC 10b5-1 Safe-Harbor-Verfahren.

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*
Schauerman John P.

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
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 06/24/2025 S 15,000 D $77.3745(1) 102,281 I By Trust(2)
Common Stock 4,155 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. These shares were sold in multiple transactions at prices ranging from $77.15 to $77.60 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. Shares of Common Stock held by John P. Schauerman & Claudia H. Schauerman TR UA 08/12/10 Schauerman Family Trust.
/s/ Kenneth M. Dodgen, Attorney-in-Fact 07/09/2025
** 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 Affirm (AFRM) shares did CFO Robert O’Hare sell on 07/07/2025?

He sold 19,802 Class A shares.

At what average price were the AFRM shares sold?

The weighted-average sale price was $70.03 per share (range $70.00–$70.21).

Was the transaction executed under a Rule 10b5-1 trading plan?

Yes, the filing states it was completed pursuant to a Rule 10b5-1 plan adopted 12/06/2024.

How many AFRM shares does the CFO own after the sale?

The Form 4 indicates 0 shares beneficially owned following the transaction.

When was the Form 4 filed with the SEC?

The document was filed on 07/09/2025.
Primoris Svcs Corp

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Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
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United States
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