Primoris (PRIM) Director King David Lee Receives 356-Share Award

What Happened

• King David Lee, a member of the Board of Directors of Primoris Services Corp (PRIM), received an award of 356 restricted shares on 2026-07-31 under the company's non-employee director compensation program. The award has an aggregate value of $37,500 (implied price ≈ $105.34 per share based on the June 2026 average closing price). This was a grant/award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-07-31; transaction type: Award/Grant (code A).
• Shares granted: 356; aggregate value: $37,500; implied price per share ≈ $105.34 (based on June 2026 average closing price).
• Shares are restricted from sale for twelve months from the date of grant.
• Grant made under the non-employee director compensation program (adopted May 2011; updated July 2024).
• Shares owned following the transaction: not specified in the filing.
• Filing timeliness: Reported on 2026-07-31 (Period of Report 2026-07-31) — filing appears timely.

Context

• This is routine director compensation in the form of restricted stock and does not represent an open-market purchase or sale. Restricted awards are common for non-employee directors and are typically intended for compensation and retention rather than signaling near-term trading intent.