Home / Auditor changes / Primoris Services Corp
Filed 2025-06-04 路 Form 8-K 路 Accession 0001361538-25-000026 mid
Price before filing: $73.17 (2025-06-03 close, split/dividend-adjusted)
Market cap at flag: $3.94B (2025-06-04) 路 Latest: $3.95B (2026-10-16)
| Window | PRIM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +15.9% | +4.4% | +11.5% | 2025-07-07 |
| 90 days | +57.9% | +7.7% | +50.2% | 2025-09-02 |
| 180 days | +68.2% | +14.8% | +53.4% | 2025-12-01 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $3.9M (2 sales)
30 days after: 1 insider sold $1.2M (1 sale)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-03-17 | McCormick Thomas Edward PRESIDENT & CEO, Director | Sale | 54,126 | $64.04 | $3.5M | no | Form 4 |
| 2025-03-17 | McCormick Thomas Edward PRESIDENT & CEO, Director | Sale | 7,264 | $64.55 | $469K | no | Form 4 |
| 2025-06-04: red flag filed | |||||||
| 2025-06-24 | Schauerman John P. Director | Sale | 15,000 | $77.37 | $1.2M | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-06 to 2025-07-04. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: resigned
Disagreements reported: no
Former auditor: Moss Adams LLP · New auditor: Baker Tilly US, LLP
Why this score: auditor resigned
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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