Perisich John M. 4

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.