Thomas Edward McCormick - 01 Mar 2025 Form 4 Insider Report for Primoris Services Corp (PRIM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Mar 2025, 18:00:15 UTC
Prior SEC filing
15 Nov 2024
Next SEC filing
19 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth M. Dodgen, Attorney-in-Fact

Key filing fact

Thomas Edward McCormick filed Form 4 for Primoris Services Corp (PRIM) on 04 Mar 2025.

Key facts

  • This page summarizes Thomas Edward McCormick's Form 4 filing for Primoris Services Corp (PRIM).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Mar 2025, 18:00.

Change

  • Previous filing in this sequence was filed on 15 Nov 2024.
  • Current net transaction value: -$2,178,457.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRIM transaction

Common Stock

Options Exercise

Transaction value
Shares
+22,016
Change %
+36%
Price
Shares after
83,406
Date
01 Mar 2025
Ownership
Direct
Footnotes
F1
PRIM transaction

Common Stock

Award

Transaction value
Shares
+55,146
Change %
+66%
Price
Shares after
138,552
Date
01 Mar 2025
Ownership
Direct
Footnotes
F2
PRIM transaction

Common Stock

Tax liability

Transaction value
$2,178,457
Shares
-30,366
Change %
-22%
Price
$71.74
Shares after
108,186
Date
01 Mar 2025
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PRIM transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-22,016
Change %
-37%
Price
$0.000000
Shares after
37,504
Date
01 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
22,016
Exercise price
Footnotes
F1
PRIM transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+12,690
Change %
+34%
Price
$0.000000
Shares after
50,194
Date
01 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,690
Exercise price
Footnotes
F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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. On March 1, 2025, the restricted stock units vested and were settled for an equal number of shares of PRIM common stock.

Footnote F2

These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.

Footnote F3

Withholding of common stock to satisfy reporting person's tax obligation upon the settlement of vested restricted stock units and performance stock units.

Footnote F4

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.

Footnote F5

The restricted stock units vest 25% on March 1, 2026, 25% on March 1, 2027, and 50% on March 1, 2028.

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