8-KFiled Aug 30, 8:00 PM ET

Primoris Services Corp Appoints Two Directors Effective Oct 1, 2026

$PRIM · Primoris Services Corp

Research Summary

AI-generated summary of this SEC filing

Updated

Primoris Services Corp Appoints Two Directors Effective Oct 1, 2026

What Happened

  • Primoris Services Corporation announced that on August 25, 2026 its Board voted to increase the authorized number of directors to ten and appointed James A. Greer and Oscar K. Brown to the Board, effective October 1, 2026. Their appointed terms will expire at the Company’s 2027 annual meeting of stockholders, when they will be up for re-election.
  • Mr. Greer brings over 40 years of experience in energy delivery (served as EVP & COO of Oncor Electric Delivery Company LLC until retiring in 2025) and is a registered Professional Engineer. Mr. Brown has more than 25 years in the energy sector, is President & CEO of Western Midstream (since Oct 2024), and previously served as CFO of FREYR Battery and in senior roles at Occidental Petroleum and major investment banks.

Key Details

  • Board size increased to ten members; appointments effective October 1, 2026.
  • Appointees: James A. Greer (energy delivery operations/engineering) and Oscar K. Brown (midstream & finance executive).
  • Their terms expire at the 2027 annual meeting; no committee assignments announced yet.
  • Compensation will follow the Company’s existing non-employee director program (see Primoris’ definitive proxy filed March 20, 2026). No related-party transactions exceeding $120,000 involving either appointee were reported.

Why It Matters

  • The appointments expand Primoris’ board and add senior-level experience in electric delivery, operations, midstream energy, and finance—areas relevant to the company’s operations and oversight.
  • There is no immediate material financial impact disclosed: the new directors will be paid under existing director compensation terms and the filing states no reportable related-party transactions involving them. Investors should note the directors will stand for re-election at the 2027 annual meeting.