secwatch.observer — SEC 8-K summary
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Issuer:     Primoris Services Corp (PRIM)
CIK:        0001361538
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001361538-25-000017
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primoris sets compensation for Interim CEO David King and COO Jeremy Kinch
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- David King receives $950k base salary, $1.25M RSUs vesting over 1 year, and up to 120% discretionary bonus.
- Jeremy Kinch receives $600k base salary, $1M LTIP award for 2025, and 100% target bonus under AIP.
- Both appointments and compensation effective March 21, 2025, during search for permanent CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361538/000136153825000017/0001361538-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361538/000136153825000017/prim-20250321x8k.htm
  HTML page:      https://secwatch.observer/filing/0001361538-25-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer