Primoris Services Corp·4

Feb 18, 6:05 PM ET

MCCALLISTER TERRY D 4

Research Summary

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Primoris (PRIM) Director Terry D. McCallister Receives 294-Share Award

What Happened Terry D. McCallister, a director of Primoris Services Corp (PRIM), received a grant of 294 restricted shares on 2026-02-17 under the company’s non-employee director compensation program. The award has a stated aggregate value of $37,500 (implying ~ $127.55 per share) and the shares cannot be sold for 12 months from the grant date. This was an award (compensation), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (timely).
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 294 restricted shares; aggregate value $37,500 (per company valuation).
  • Sale restrictions: Shares cannot be sold for 12 months from grant date.
  • Ownership after transaction: Not disclosed in the filing.
  • Footnotes: Grant made under the non-employee director compensation program (adopted May 2011; updated July 2024). The shares are held by the Terry D. McCallister Trust dated 6/14/2013 and are indirectly owned by McCallister as trustee.

Context This is routine director compensation (restricted stock award) rather than a market buy or insider sale. Such awards are common for non-employee directors and primarily reflect compensation, not a direct bullish or bearish trading signal.