Director Michael E. Ching filed a Form 4 with the SEC on November 3, 2026, disclosing the acquisition of 571 shares of Primoris Services Corp common stock on October 30, 2026, under the company's non-employee director compensation program.

Key Highlights

  • Transaction date: October 30, 2026, with 571 shares of common stock acquired (transaction code A).
  • Program value: The non-employee director compensation program provides for restricted stock with a value of $42,500, according to the filing.
  • Price basis: The price per share was based on the average closing price during June 2026, resulting in the 571-share grant.
  • Lock-up period: The shares cannot be sold for a period of twelve months from the date of grant, as disclosed in the filing.
  • Beneficial ownership following transaction: Michael E. Ching directly holds 11,325 shares of common stock after the reported transaction.
  • Program history: The non-employee director compensation program was originally adopted by the Board in May 2011 and updated in July 2026.

Ching's October 2026 Restricted Stock Award Under Primoris Director Pay Plan

According to the Form 4 filed on November 3, 2026, Michael E. Ching, a director of Primoris Services Corp (NYSE:PRIM), acquired 571 shares of the company's common stock on October 30, 2026. The filing identifies the transaction as an acquisition (code A) with no cash price paid by the director, as the shares were granted under the company's non-employee director compensation program.

The filing states that the program, originally adopted by the Board in May 2011 and updated in July 2026, provides for the issuance of restricted stock with a value of $42,500. The number of shares granted was determined by using the average closing price of the stock during June 2026, which produced the 571-share award. The filing further discloses that the shares "cannot be sold for a period of twelve months from the date of grant."

Following this transaction, the filing reports that Ching directly and beneficially owns 11,325 shares of Primoris Services Corp common stock. The Form 4 was signed by Kenneth M. Dodgen as attorney-in-fact on behalf of the reporting person. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Michael E. Ching, a Primoris Services Corp director, disclosed the grant of 571 restricted shares of common stock on October 30, 2026, valued at $42,500 under the company's non-employee director pay program, bringing his direct beneficial ownership to 11,325 shares.