---
schema_version: "secwatch.filing_event.v1"
accession: "0001361538-23-000022"
form_type: "8-K"
ticker: "PRIM"
cik: "0001361538"
company_name: "Primoris Services Corp"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T12:38:28.134387+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Primoris COO John F. Moreno Jr. departs; separation includes $1.55M payment

## Summary
- John F. Moreno, Jr. no longer serves as Chief Operating Officer effective May 22, 2023; separation is mutual.
- Mr. Moreno to receive $1,550,000 total consideration, partly via accelerated vesting of March 2023 RSUs, balance in cash.
- All other unvested RSUs and PSUs forfeited; non-compete released; non-disparagement and non-solicitation obligations apply.

## SEC filing metadata
- accession: 0001361538-23-000022
- form_type: 8-K
- ticker: PRIM
- cik: 0001361538
- company_name: Primoris Services Corp
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000022/0001361538-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000022/prim-20230522x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361538-23-000022
- JSON: https://secwatch.observer/filing/0001361538-23-000022.json
- Plain text: https://secwatch.observer/filing/0001361538-23-000022.txt

## Key facts
- Executive change
  John F. Moreno, Jr. departed as Chief Operating Officer at Primoris Services Corp.
  - Action: mutually agreed to separate
  - Role: Chief Operating Officer
  source text: On May 22, 2023, Primoris Services Corporation, a Delaware corporation (“Primoris, the “Company”) and John F. Moreno, Jr., reached a mutual agreement of employment separation, pursuant to which Mr. Moreno will no longer serve as Chief Operating Officer of Primoris effective as of May 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361538/000136153823000022/0001361538-23-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
