[Form 4] Primoris Services Corp Insider Trading Activity
Rhea-AI Filing Summary
Primoris Services Corp Chief Accounting Officer Travis Stricker reported multiple equity compensation events on March 1, 2026. Previously granted restricted stock units vested and were settled into 4,758 shares of common stock, while an additional 930 restricted stock units and 2,613 shares of common stock were granted under the company’s equity incentive plan.
To cover tax obligations from the vesting of restricted stock units and performance stock units, 2,904 shares of common stock were withheld at a price of $150.72 per share. After these acquisitions and tax-withholding dispositions, Stricker directly held 10,938 shares of common stock and 3,197 restricted stock units, with the new restricted stock units vesting 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,758 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 930 | $0.00 | -- |
| Exercise | Common Stock | 4,758 | $0.00 | -- |
| Grant/Award | Common Stock | 2,613 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,904 | $150.72 | $438K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. On March 1, 2026, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company. Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units. Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion. The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.