P
Primoris Services
PRIM · AI Construction & EPC
$90.67
+2.04 (+2.30%)
As of Jul 15, 2026 close
Executive Compensation — FY2025 Proxy
DEF 14A filed Mar 20, 2026CEO Total Comp
$3.0M
David L. King · FY2025
YoY Change
N/A
No prior FY on record
CEO Pay Ratio
280:1
median employee $62.4K
Named Executives
6
CEO · CEO · GC · CFO · COO · CEO
Equity Share of Comp
41%
of CEO total
Compensation Over Time
CEO total by component · from Summary Compensation TableSalaryCash BonusEquity AwardsAll Other
Summary Compensation Table
Officer × year · extracted from DEF 14A · analyst-reviewed| Name & Position | Year | Salary | Cash Bonus | Equity Awards | Non-Equity Incentive | All Other | Total |
|---|---|---|---|---|---|---|---|
David L. King Former Interim President and Chief Executive Officer | 2025 | $606,538 | $1,000,000 | $1,253,529 | — | $186,326 | $3,046,393 |
Tom E. McCormick Former Executive Vice President and Chief Executive Officer | 2025 | $233,104 | — | $2,601,006 | $468,025 | $8,962,618 | $12,264,753 |
| 2024 | $929,769 | — | $2,477,079 | $2,102,986 | $196,233 | $5,706,067 | |
| 2023 | $890,769 | — | $4,630,038 | $1,338,077 | $145,744 | $7,004,628 | |
John M. Perisich Executive Vice President Chief Legal Officer | 2025 | $608,489 | — | $1,172,375 | $1,156,128 | $86,939 | $3,023,931 |
| 2024 | $575,673 | — | $1,116,513 | $1,085,066 | $61,773 | $2,839,025 | |
| 2023 | $550,385 | — | $1,845,058 | $688,971 | $134,073 | $3,218,487 | |
Kenneth M. Dodgen Executive Vice President, Chief Financial Officer | 2025 | $596,667 | — | $921,285 | $1,133,667 | $130,626 | $2,782,245 |
| 2024 | $573,358 | — | $877,438 | $1,080,701 | $85,621 | $2,617,118 | |
| 2023 | $550,385 | — | $1,640,045 | $688,971 | $122,888 | $3,002,289 | |
Jeremy Kinch Executive Vice President Chief Operating Officer | 2025 | $589,000 | — | $1,000,005 | $1,119,100 | $63,748 | $2,771,853 |
Koti Vadlamudi President and Chief Executive Officer | 2025 | $115,385 | $1,050,000 | $900,104 | — | $111,453 | $2,176,941 |
Pay vs Performance
Compensation actually paid vs TSR · XBRL (Item 402(v))CEO comp actually paidAvg other NEOTSR (indexed, right)
Pay vs Performance — Detail
| FY | CEO Paid | Avg NEO Paid | TSR | Net Income |
|---|---|---|---|---|
| 2025 | — | $7.3M | 466.5 | $274.9M |
| 2024 | — | $5.8M | 359.6 | $180.9M |
| 2023 | — | $4.0M | 155.6 | $126.1M |
| 2022 | — | $1.4M | 102.0 | $133.0M |
| 2021 | — | $1.3M | 110.2 | $115.7M |
TSR = value of $100 invested at the earliest disclosed fiscal year end · “actually paid” per SEC 402(v) methodology · source filing
Summary Compensation Table extracted from SEC DEF 14A proxy statements (Claude-assisted, analyst-reviewed before publication; source quotes pinned per figure). Pay-versus-performance from Inline XBRL (ECD taxonomy) with HTML fallback where issuer tagging is incomplete. Updated annually on proxy filing (~120 days after fiscal year end).