Perisich John M. 4
4 · Primoris Services Corp · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Primoris (PRIM) Chief Legal & Admin Officer John Perisich Sells Shares
What Happened
John M. Perisich, Chief Legal and Administrative Officer of Primoris Services Corp (PRIM), sold a total of 29,707 shares in open-market transactions on May 28, 2026, generating approximately $3,798,226 in proceeds. The filing reports the following reported sales: 2,133 shares @ $125.75 ($268,221); 9,450 shares @ $126.68 ($1,197,132); 6,017 shares @ $127.66 ($768,121); 6,147 shares @ $128.65 ($790,789); 5,855 shares @ $129.85 ($760,286); and 105 shares @ $130.26 ($13,677). Transaction code: S (sale).
Key Details
- Transaction date: May 28, 2026; filing date: May 29, 2026 (timely filed).
- Reported totals: 29,707 shares sold for ~$3.80 million.
- Price ranges: Footnotes indicate these shares were executed in multiple transactions at prices ranging roughly from $125.06 to $130.24 per share (see F2–F6 for ranges).
- Reason noted: Sale made as part of an annual asset diversification strategy (F1).
- Ownership: Shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich as trustee (F7).
- Shares owned after transaction: Not specified in the provided filing.
Context
- This was an open-market sale (routine disposition), not a purchase or option exercise. The filer cites an annual diversification strategy, which is a common non-operational reason for insider sales.
- Sales do not necessarily indicate a negative view of the company; they can reflect personal financial planning. Retail investors should consider this alongside other insider trades, company fundamentals, and market conditions.
Insider Transaction Report
Form 4
Perisich John M.
CHIEF LEGAL AND ADMIN OFFICER
Transactions
- Sale
Common Stock
[F1][F2]2026-05-28$125.75/sh−2,133$268,221→ 27,574 total - Sale
Common Stock
[F1][F3]2026-05-28$126.68/sh−9,450$1,197,132→ 18,124 total - Sale
Common Stock
[F1][F4]2026-05-28$127.66/sh−6,017$768,121→ 12,107 total - Sale
Common Stock
[F1][F5]2026-05-28$128.65/sh−6,147$790,789→ 5,960 total - Sale
Common Stock
[F1][F6]2026-05-28$129.85/sh−5,855$760,286→ 105 total - Sale
Common Stock
[F1]2026-05-28$130.26/sh−105$13,677→ 0 total
Holdings
- 133,607(indirect: By Trust)
Common Stock
[F7]
Footnotes (7)
- [F1]Sale made by the reporting person as part of an annual asset diversification strategy.
- [F2]These shares were sold in multiple transactions at prices ranging from $125.06 to $126.02 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]These shares were sold in multiple transactions at prices ranging from $126.14 to $127.06 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]These shares were sold in multiple transactions at prices ranging from $127.15 to $128.08 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]These shares were sold in multiple transactions at prices ranging from $128.17 to $129.10 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]These shares were sold in multiple transactions at prices ranging from $129.24 to $130.24 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F7]These shares are owned directly by the Perisich Family Trust dated July 11, 2007 and indirectly by John M. Perisich, as trustee of the trust.
Signature
/s/ Kenneth M. Dodgen, Attorney-in-Fact|2026-05-29