Form 4: Primoris Director Rodriguez Acquires 302 Shares
Insider Transaction Report
Primoris Services Corp Director Jose Ramon Rodriguez acquired 302 shares of common stock as part of a routine non-employee director compensation program.
Summary
- Jose Ramon Rodriguez, a Director of Primoris Services Corp (PRIM), acquired 302 shares of common stock.
- The transaction occurred on October 29, 2025.
- These shares were granted as part of the non-employee director compensation program, which provides for restricted stock with a value of $37,500.
- The price per share was based on the average closing price during September 2025, implying a price of approximately $124.17 per share.
- The acquired shares are restricted and cannot be sold for a period of twelve months from the date of grant.
- Following this acquisition, Jose Ramon Rodriguez beneficially owns a total of 17,123 shares of Primoris Services Corp common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even as part of a compensation program, generally indicates alignment of interests and confidence in the company's future.
Positives
- Director Jose Ramon Rodriguez increased his beneficial ownership in Primoris Services Corp by 302 shares, signaling continued alignment with shareholder interests.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Program Update | The non-employee director compensation program, originally adopted in May 2011, was updated in July 2024. | July 2024 | Ensures competitive and appropriate compensation for non-employee directors, aligning their interests with shareholders through equity grants. |
Related Party Transactions
- Acquisition of 302 shares of common stock by Director Jose Ramon Rodriguez as part of the non-employee director compensation program.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholders through equity ownership.
Key Dates
| Date | Description |
|---|---|
| May 2011 | Non-employee director compensation program adopted by the Board. |
| July 2024 | Non-employee director compensation program updated. |
| September 2025 | Period for calculating the average closing price for the restricted stock grant. |
| 10/29/2025 | Date of transaction (acquisition of common stock). |
| 10/30/2025 | Date of filing. |
Recommendation
holdThis Form 4 reports a routine grant of restricted stock to a non-employee director as part of their compensation program. While it shows continued alignment of interests, it does not provide new fundamental information to warrant a change in investment recommendation.
Keywords
Primoris Services Corp, PRIM, Jose Ramon Rodriguez, Director, Form 4, Insider Transaction, Stock Acquisition, Restricted Stock, Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.