Form 4: Primoris Services Corp Director Transfers Shares to Family Trust

Patricia K. Wagner, a director at Primoris Services Corp, transferred 3,365 shares of common stock to the Wagner Family Trust on January 29, 2025.

Summary

• Patricia K. Wagner, a director of Primoris Services Corp, transferred 3,365 shares of the company's common stock to the Wagner Family Trust on January 29, 2025.
• The transfer was made for no consideration.
• Ms. Wagner is the trustee of the Wagner Family Trust, and she and her immediate family are the sole beneficiaries.
• Despite the transfer, Ms. Wagner remains the beneficial owner of the shares held by the trust.
• Following the transaction, Ms. Wagner directly owns 15,307 shares and indirectly owns 3,365 shares through the trust.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider transaction and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider activity.
• Similar transactions are regularly reported by directors and officers of other companies, such as those in the S&P 500, and are not unusual.

Related Party Transactions

• The transfer of shares to the Wagner Family Trust is a related party transaction.

Stakeholder Impact

• The transaction has minimal impact on stakeholders as it is a transfer of ownership within the same beneficial owner.

Key Dates

Keywords

Primoris Services Corp, Director, Share Transfer, Beneficial Ownership, Family Trust, Form 4, Insider Transaction