secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001361538-23-000022
Event type: leadership
Sentiment:  negative
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153823000022/0001361538-23-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153823000022/prim-20230522x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-23-000022

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