Primoris (PRIM) Director Patricia K. Wagner Receives Restricted Stock Award

What Happened

• Patricia K. Wagner, a director of Primoris Services Corp (PRIM), was granted 356 restricted shares on 2026-07-31 as part of the company’s non-employee director compensation program (transaction code A — award).
• The award has an aggregate value of $37,500. The per-share value was set using the average closing price during June 2026 (approximately $105.34 per share). The shares cannot be sold for 12 months from the grant date.

Key Details

• Transaction date: 2026-07-31; transaction type: Award (A).
• Shares granted: 356; aggregate value: $37,500; implied price per share ≈ $105.34 (based on June 2026 average).
• Shares restricted from sale for 12 months from grant date (per footnote).
• Grant made under the company’s non-employee director compensation program (adopted May 2011; updated July 2024).
• Filing shows the grant but does not disclose total shares owned by the insider after the grant.
• No indication in the filing that this report was late.

Context

• This is a routine director compensation grant (non-cash award) rather than an open-market purchase or sale; such awards compensate service and are typically not a directional signal about the insider’s view of the stock.
• Restricted shares mean the director cannot sell the shares for the stated holding period (here, 12 months), which may align incentives with shareholders during that time.