Primoris Services Corp·4

Mar 3, 6:15 PM ET

Vadlamudi Koti 4

4 · Primoris Services Corp · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Primoris (PRIM) CEO Vadlamudi Koti Receives RSU Award

What Happened

  • Vadlamudi Koti, President & CEO and a director of Primoris Services Corp (PRIM), received a grant of 6,967 restricted stock units (RSUs) on March 1, 2026. The reported acquisition price is $0, indicating a compensation award rather than a market purchase or sale.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
  • Amount: 6,967 RSUs; reported acquisition price $0 (derivative award).
  • Shares owned after transaction: not disclosed in the filing.
  • Footnotes:
    • F1: Each RSU represents a contingent right to one share of PRIM common stock or cash value at settlement.
    • F2: Vesting schedule — 25% on March 1, 2027; 25% on March 1, 2028; 50% on March 1, 2029.

Context

  • RSUs are a form of equity compensation that convert into shares (or cash) if and when they vest; they are not an immediate market purchase or sale. This grant is a routine executive compensation event and should be interpreted as a compensation award, not a direct bullish or bearish market signal.

Insider Transaction Report

Form 4
Period: 2026-03-01
Vadlamudi Koti
DirectorPRESIDENT & CEO
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-03-01+6,96714,142 total
    Common Stock (6,967 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of PRIM common stock or the cash value thereof on the date of settlement, in the Company's discretion.
  • [F2]The restricted stock units vest 25% on March 1, 2027, 25% on March 1, 2028, and 50% on March 1, 2029.
Signature
/s/ Kenneth M. Dodgen, Attorney-in-Fact|2026-03-03

Documents

1 file
  • 4
    form4-03032026_060301.xmlPrimary