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Vanguard reports 2.74M-share stake in Primoris (NASDAQ: PRIM)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Primoris Services Corp (Common Stock) reported a 2,738,684-share beneficial ownership position held by Vanguard Capital Management, representing 5.04% of the class. The filing states Vanguard has sole dispositive power over 2,738,684 shares and sole voting power over 402,936 shares.

The Schedule 13G describes holdings across Vanguard business units and funds and is signed by Vanguard’s Head of Global Fund Administration.

Positive

  • None.

Negative

  • None.

Insights

Vanguard reports a passive 5.04% stake in Primoris, holding 2.74M shares.

The filing is a Schedule 13G disclosure showing beneficial ownership of 2,738,684 shares (5.04%). Vanguard declares sole dispositive power for the full position and sole voting power for 402,936 shares. The statement lists affiliated Vanguard entities that exercise voting/dispositive power.

Because this is a 13G, it indicates passive or investment-manager reporting treatment rather than an active takeover intent. Future filings could show changes if Vanguard’s ownership or intent shifts.

Beneficial ownership 2,738,684 shares Schedule 13G reporting
Percent of class 5.04% Percent of common stock beneficially owned
Sole voting power 402,936 shares Shares with sole voting power
Sole dispositive power 2,738,684 shares Shares Vanguard has sole power to dispose
CUSIP 74164F103 Primoris Services Corp common stock identifier
Schedule 13G regulatory
"The filing is a Schedule 13G disclosure showing beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficially owned financial
"Amount beneficially owned: 2738684"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Sole power to dispose or to direct the disposition of: 2738684"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.





74164F103

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.


SCHEDULE 13G



Vanguard Capital Management
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:04/30/2026

FAQ

What stake does Vanguard Capital Management report in PRIM?

Vanguard Capital Management reports beneficial ownership of 2,738,684 shares, representing 5.04% of Primoris Services Corp common stock. The filing lists voting and dispositive powers held by Vanguard and affiliates.

Does Vanguard control voting for all reported PRIM shares?

No. Vanguard reports sole voting power for 402,936 shares and sole dispositive power for 2,738,684 shares. Shared voting and dispositive powers are reported as zero in the filing.

What form was filed to disclose Vanguard’s position in PRIM?

The position is disclosed on a Schedule 13G, which is used by passive investors or institutional managers to report beneficial ownership when reporting requirements are met and active intent is not claimed.

Who signed the Schedule 13G for Vanguard on this filing?

Ashley Grim, Head of Global Fund Administration, signed the filing on behalf of Vanguard Capital Management. The signature block dated 04/30/2026 appears on the document.

What CUSIP and issuer details are shown in the filing?

The filing lists the issuer as Primoris Services Corp with CUSIP 74164F103. The issuer address is provided as 2300 N Field Street, Suite 1900, Dallas, TX 75201 in the excerpt.