Vadlamudi Koti 4
4 · Primoris Services Corp · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Primoris (PRIM) CEO Vadlamudi Koti Buys 7,815 Shares ($1.0M)
What Happened Vadlamudi Koti, President & CEO and a director of Primoris Services Corp (PRIM), acquired 7,815 shares on May 27, 2026. The filing reports an aggregate value of $1,000,004 with an average reported price of $127.96 per share. The transaction is reported under code "A" (grant/award/other acquisition), but the filing states the shares were purchased in multiple transactions.
Key Details
- Transaction date: 2026-05-27; Form 4 filed: 2026-05-28 (timely filing).
- Shares acquired: 7,815; reported average price: $127.96; total value: $1,000,004.
- Price range: purchases occurred at prices between $127.81 and $128.00 per share (see footnote). The filer will provide a breakdown on request.
- Shares owned after the transaction: not specified in the filing.
- Footnote: clarifies the shares were bought in multiple transactions across the stated price range.
- Transaction code: "A" (award/other acquisition) per the Form 4 filing, but the footnote indicates open-market purchases.
Context Purchases by a CEO represent insider buying (often viewed as a bullish signal), but filings do not state the insider’s motives. This was an acquisition of common stock (not an option exercise or gift). Because the filing was submitted the day after the trades, it appears timely under Form 4 rules.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-27$127.96/sh+7,815$1,000,004→ 7,815 total
Footnotes (1)
- [F1]These shares were purchased in multiple transactions at prices ranging from $127.81 to $128.00 per share, inclusive. The holder undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.