Stricker Travis 4

What Happened

• Travis Stricker, Chief Accounting Officer of Primoris Services Corp (PRIM), had 2,500 restricted stock units (RSUs) vest on January 30, 2026. The RSUs were settled into 2,500 shares of PRIM common stock.
• To satisfy tax withholding, 1,029 of those shares were withheld at $152.47 per share, generating $156,892 in cash to cover taxes. The net shares delivered to Stricker were 1,471 shares.
• This was a settlement of awarded RSUs (not an open-market purchase or voluntary sale).

Key Details

• Transaction date: January 30, 2026; Form 4 filed February 10, 2026 (filed late).
• Converted/settled: 2,500 RSUs → 2,500 shares (no exercise price; RSUs vested and paid in stock).
• Tax withholding: 1,029 shares withheld at $152.47 each = $156,892 (reported as a disposition for tax purposes).
• Net shares received by insider: 1,471 shares.
• Footnotes: F1 — RSUs were vested and settled for shares; F2 — withholding of common stock to satisfy tax obligations.
• Shares owned after transaction: not provided in the excerpt of the filing.

Context

• This is a routine equity award settlement and tax-withholding transaction, common when RSUs vest. The withholding is a cashless method to cover tax liability and does not indicate an intentional sale for investment reasons.
• The Form 4 was filed more than two business days after the report date, so the filing was late.