Saluja Harpreet 4
Research Summary
AI-generated summary
Primoris (PRIM) Director Harpreet Saluja Receives Restricted Stock Award
What Happened Harpreet Saluja, a director of Primoris Services Corp (PRIM), was granted 294 restricted shares on 2026-02-17 under the company's non-employee director compensation program. The grant has an aggregate value of $37,500 (price per share based on the average closing price in December 2025). The shares are restricted and cannot be sold for 12 months from the grant date.
Key Details
- Transaction type: Award/Grant (code A) on 2026-02-17; Form filed 2026-02-18 (timely).
- Shares granted: 294 restricted shares; per-footnote value = $37,500.
- Price per share: Not applicable on Form 4 (value determined by Dec 2025 average closing price).
- Sale restriction: Shares cannot be sold for 12 months from grant date (per footnote).
- Shares owned after transaction: Not disclosed in the filing.
Context
- This is a routine director compensation grant (non-employee director program originally adopted May 2011, updated July 2024). Such awards are standard board compensation and do not, by themselves, signal buy/sell intentions.