Wagner Patricia K 4

What Happened

• Patricia K. Wagner, a Primoris Services Corp (PRIM) director, was granted 268 shares as a non-employee director award on 2026-04-30. The grant has a stated value of $37,500 (implied ≈ $139.93 per share) and the shares are restricted from sale for 12 months.

Key Details

• Transaction date: 2026-04-30; Form 4 filed 2026-05-01 (timely).
• Transaction type: Award/Grant (code A) under the company's non-employee director compensation program (adopted May 2011; updated July 2024).
• Grant value: $37,500 total (implied ≈ $139.93 per share); price per share based on average closing price in March 2026.
• Sale restriction: Shares cannot be sold for 12 months from the grant date.
• Ownership: The shares are owned directly by the Wagner Family Trust dated March 24, 2008 and indirectly by Patricia K. Wagner (per footnote). "Shares owned after transaction" not specified in the filing.
• Filing timeliness: Filed the next business day — no late-filing flag noted.

Context

• This is a standard restricted stock award to a non-employee director as compensation, not a market purchase or sale. Such awards are routine for board members and include holding restrictions; they do not by themselves indicate a personal cash outlay or an immediate bullish/sell signal.