Saluja Harpreet 4

What Happened

• Harpreet Saluja, a director of Primoris Services Corp (PRIM), was granted 268 restricted shares pursuant to the company's non‑employee director compensation program. The grant was made on April 30, 2026 and has an aggregate reported value of $37,500. The filing shows no cash price per share (N/A); the value was determined using the average closing price during March 2026 (implied ≈ $139.93/share). The shares cannot be sold for 12 months from the grant date.

Key Details

• Transaction date: 2026-04-30 (Form 4 filed 2026-05-01 — appears to be timely).
• Transaction type: Award/Grant of restricted stock (code A).
• Shares granted: 268; aggregate value reported: $37,500.
• Price per share: not listed on the transaction line; value based on March 2026 average closing price per footnote (implied ≈ $139.93).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: grant made under the director compensation program (adopted May 2011, updated July 2024); 12‑month sale restriction applies.

Context

• This was a compensation grant to a non‑employee director, a routine corporate governance practice rather than an open‑market purchase or sale. Such awards are primarily for director compensation and do not necessarily signal the insider's view of the company's short‑term prospects.