Director David Lee King of Primoris Services Corp filed a statement of changes in beneficial ownership on November 3, 2026, disclosing an acquisition of 571 shares of 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 by Director David Lee King.
  • Transaction code: "A" (acquisition), with the shares reported as directly owned.
  • Grant value: The director compensation program provides for a restricted stock issuance valued at $42,500.
  • 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 acquired shares cannot be sold for a period of twelve months from the date of grant, according to the filing.
  • Beneficial ownership following transaction: King David Lee directly holds 15,868 shares of common stock following the reported transaction.

Director Compensation Grant to King David Lee at Primoris Services Corp

Primoris Services Corp, listed on NYSE as PRIM, is an infrastructure and construction services company. According to the filing, Director King David Lee received 571 shares of common stock on October 30, 2026, under the non-employee director compensation program that the company's board originally adopted in May 2011 and updated in July 2026. The shares represent a restricted stock grant valued at $42,500, with the per-share price determined by the average closing price of Primoris Services Corp common stock during June 2026.

The filing notes that the acquired shares are subject to a twelve-month holding restriction from the date of grant, meaning they cannot be sold until October 30, 2027, at the earliest. Following this transaction, King David Lee directly beneficially owns 15,868 shares of Primoris Services Corp common stock in total. The filing was signed by Kenneth M. Dodgen as attorney-in-fact on November 3, 2026, and was filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. No derivative securities were reported in connection with this transaction.

What Was Disclosed

Primoris Services Corp (NYSE:PRIM) disclosed a restricted stock acquisition of 571 shares by Director King David Lee on October 30, 2026, under a board-approved non-employee director compensation program, bringing his direct beneficial ownership to 15,868 shares of common stock.