Form 4: Director John P. Schauerman Receives Primoris Stock Grant

Director John P. Schauerman acquired 268 shares of Primoris Services Corp common stock as part of the company's non-employee director compensation program.

Summary

• Director John P. Schauerman was granted 268 shares of Primoris Services Corp (PRIM) common stock on April 30, 2026.
• The grant was issued under the company's non-employee director compensation program, which was updated in July 2024.
• The value of the grant is $37,500, with the share count determined by the average closing price of the stock during March 2026.
• Following this transaction, the director holds 5,518 shares directly and 74,466 shares indirectly through the Schauerman Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that has no material impact on the company's financial outlook.

Positives

• The transaction reflects standard director compensation practices, aligning the interests of board members with shareholders through equity ownership.

Negatives

• None identified.

Risks

• The granted shares are subject to a twelve-month lock-up period, restricting the director's ability to sell the securities until April 2027.

Future Outlook

The filing does not provide forward-looking financial guidance for the company, as it is a disclosure of director equity holdings.

Industry Context

StockSavvy.ai notes that this filing is a routine disclosure of director compensation, which is standard practice for publicly traded companies to ensure transparency in board-level equity incentives.

Comparison to Industry Standards

• The use of restricted stock grants for non-employee directors is a standard corporate governance practice among mid-cap industrial and construction services firms.
• The twelve-month vesting or holding period is consistent with typical retention and alignment strategies used by peers in the engineering and construction sector.

Corporate Governance

Related Party Transactions

• The director maintains indirect ownership through the Schauerman Family Trust.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard, pre-planned director compensation event.

Next Steps

• The director is restricted from selling the 268 granted shares for a period of twelve months ending April 30, 2027.

Key Dates

Keywords

Primoris Services Corp, PRIM, Director Compensation, Insider Transaction, Form 4, Equity Grant