Form 4: Primoris Services Corp Director David Lee King Sells 1,000 Shares
SEC Form 4 Filing
Director David Lee King of Primoris Services Corp. (PRIM) sold 1,000 shares of common stock at an average price of $55.3646 on September 13, 2024.
Summary
- On September 13, 2024, David Lee King, a director of Primoris Services Corp (PRIM), sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $55.3646 per share.
- Following the transaction, King directly owns 27,132 shares of Primoris Services Corp.
- The shares were sold in multiple transactions at prices ranging from $55.35 to $55.40 per share.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director, which is a neutral event.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the stock sale transaction |
| 09/16/2024 | Date of signature on the Form 4 filing |
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