Primoris Services Corp·4

Feb 18, 6:05 PM ET

Wagner Patricia K 4

Research Summary

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Updated

Primoris (PRIM) Director Patricia K. Wagner Receives 294-Share Award

What Happened
Patricia K. Wagner, a director of Primoris Services Corp (PRIM), was granted 294 restricted shares on February 17, 2026 under the company’s non-employee director compensation program. The grant is valued at $37,500 (per the program) and the shares cannot be sold for 12 months from the grant date. The Form 4 lists the per-share price as N/A; the grant was based on the average closing price during December 2025.

Key Details

  • Transaction date: 2026-02-17 (report filed 2026-02-18) — filing appears timely.
  • Transaction type/code: Award/Grant (A).
  • Shares granted: 294 restricted shares; stated value $37,500.
  • Sale restriction: Shares cannot be sold for 12 months from grant.
  • Ownership: Shares are owned directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner (footnote).
  • Post-transaction total holdings: Not specified in the filing.
  • Plan background: Director compensation program adopted May 2011, updated July 2024; grant amount targets $37,500 and used Dec 2025 average closing price to determine share count.

Context
This is a routine non-cash director compensation award (restricted stock), not an open-market purchase or sale. Restricted shares are common for directors and include holding restrictions that limit immediate liquidity; such awards are informational rather than a direct bullish/sell signal.