---
schema_version: "secwatch.filing_event.v1"
accession: "0001361538-25-000035"
form_type: "8-K"
ticker: "PRIM"
cik: "0001361538"
company_name: "Primoris Services Corp"
filed_at: "2025-10-07T23:59:59+00:00"
generated_at: "2026-05-17T04:24:55.732425+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Primoris appoints Koti Vadlamudi as President and CEO effective Nov 10, 2025

## Summary
- Vadlamudi succeeds Interim CEO David King, who remains Chairman of the Board.
- Vadlamudi receives $1M base salary, 120% target bonus, and $3M annual equity target.
- Sign-on awards include $900k in restricted stock units (3-year vest) and $1.05M cash bonus (repayable if terminated within 1 year).
- Severance for termination without cause: 200% base salary plus pro-rata bonus and 1 year of COBRA premiums.
- Vadlamudi joins from Jacobs Solutions, where he was EVP of Operations with 30 years of experience.

## SEC filing metadata
- accession: 0001361538-25-000035
- form_type: 8-K
- ticker: PRIM
- cik: 0001361538
- company_name: Primoris Services Corp
- filed_at: 2025-10-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361538/000136153825000035/0001361538-25-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361538/000136153825000035/prim-20251006x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361538-25-000035
- JSON: https://secwatch.observer/filing/0001361538-25-000035.json
- Plain text: https://secwatch.observer/filing/0001361538-25-000035.txt

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