{"filing":{"accession_number":"0001361538-26-000017","cik":"0001361538","ticker":"PRIM","company_name":"Primoris Services Corp","form":"8-K","filing_date":"2026-06-22","report_date":null,"primary_document":"prim-20260622x8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1361538/000136153826000017/prim-20260622x8k.htm"},"events":[{"id":12799,"run_id":11357,"accession_number":"0001361538-26-000017","anchor_item_number":"2.02","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"Primoris issued a press release providing a significant downward revision of full-year 2026 financial guidance, with net income revised from $223–234M to $71–101M and EPS from $4.05–4.25 to $1.30–1.85, driven by cost overruns and delays in the Renewables business.","company_name":"Primoris Services Corp","ticker":"PRIM","filing_date":"2026-06-22","form":"8-K","submitted_at":null,"items":[{"id":9753,"accession_number":"0001361538-26-000017","item_number":"2.02","item_title":"Results of Operations and Financial Condition","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses a press release providing an update to financial outlook for full year 2026, with revised guidance showing significant downward revisions (net income from $223–234M to $71–101M, EPS from $4.05–4.25 to $1.30–1.85). While this is technically an \"update\" rather than a full earnings release for a completed period, Item 2.02 encompasses results of operations and financial condition disclosures, and the magnitude of the guidance reduction—driven by cost overruns in the Renewables business—is material to investors. The filing also discloses a COO departure, but the primary focus of the Item 2.02 disclosure is the financial outlook revision.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9755,"accession_number":"0001361538-26-000017","item_number":"7.01","item_title":"Regulation FD","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"This Item 7.01 disclosure contains multiple material events: (1) departure of COO Jeremy Kinch effective immediately; (2) significant downward revision of full-year 2026 guidance (net income from $223–234M to $71–101M, EPS from $4.05–4.25 to $1.30–1.85) driven by cost overruns and delays in the Renewables business; (3) announcement of $2.0 billion in new project awards; and (4) $50 million share repurchase activity. The disclosure centers on multiple distinct material events rather than a single primary event, making it difficult to classify into a single category. While `exec_departure` applies to the COO transition, the financial guidance revision and operational challenges appear equally or more material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":12800,"run_id":11357,"accession_number":"0001361538-26-000017","anchor_item_number":"5.02","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.92,"summary":"Jeremy Kinch departed as Chief Operating Officer effective June 22, 2026, treated as a termination without cause and unrelated to financial or accounting issues; CEO Koti Vadlamudi assumed interim COO duties.","company_name":"Primoris Services Corp","ticker":"PRIM","filing_date":"2026-06-22","form":"8-K","submitted_at":null,"items":[{"id":9754,"accession_number":"0001361538-26-000017","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"Jeremy Kinch's departure as Chief Operating Officer effective June 22, 2026 is the primary disclosed action in Item 5.02. The filing explicitly states the departure is \"treated as a termination without cause\" and is not related to financial or accounting issues. While the press release also discusses significant cost overruns in the Renewables business and revised guidance, the Item 5.02 section focuses on the executive departure and the interim assumption of COO duties by CEO Koti Vadlamudi. The departure of a C-suite officer is material to investors assessing management continuity and operational leadership.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9755,"accession_number":"0001361538-26-000017","item_number":"7.01","item_title":"Regulation FD","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"This Item 7.01 disclosure contains multiple material events: (1) departure of COO Jeremy Kinch effective immediately; (2) significant downward revision of full-year 2026 guidance (net income from $223–234M to $71–101M, EPS from $4.05–4.25 to $1.30–1.85) driven by cost overruns and delays in the Renewables business; (3) announcement of $2.0 billion in new project awards; and (4) $50 million share repurchase activity. The disclosure centers on multiple distinct material events rather than a single primary event, making it difficult to classify into a single category. While `exec_departure` applies to the COO transition, the financial guidance revision and operational challenges appear equally or more material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":9753,"accession_number":"0001361538-26-000017","item_number":"2.02","item_title":"Results of Operations and Financial Condition","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses a press release providing an update to financial outlook for full year 2026, with revised guidance showing significant downward revisions (net income from $223–234M to $71–101M, EPS from $4.05–4.25 to $1.30–1.85). While this is technically an \"update\" rather than a full earnings release for a completed period, Item 2.02 encompasses results of operations and financial condition disclosures, and the magnitude of the guidance reduction—driven by cost overruns in the Renewables business—is material to investors. The filing also discloses a COO departure, but the primary focus of the Item 2.02 disclosure is the financial outlook revision.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"Primoris Services Corp","ticker":"PRIM","filing_date":"2026-06-22"},{"id":9754,"accession_number":"0001361538-26-000017","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_departure","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"Jeremy Kinch's departure as Chief Operating Officer effective June 22, 2026 is the primary disclosed action in Item 5.02. The filing explicitly states the departure is \"treated as a termination without cause\" and is not related to financial or accounting issues. While the press release also discusses significant cost overruns in the Renewables business and revised guidance, the Item 5.02 section focuses on the executive departure and the interim assumption of COO duties by CEO Koti Vadlamudi. The departure of a C-suite officer is material to investors assessing management continuity and operational leadership.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"Primoris Services Corp","ticker":"PRIM","filing_date":"2026-06-22"},{"id":9755,"accession_number":"0001361538-26-000017","item_number":"7.01","item_title":"Regulation FD","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"This Item 7.01 disclosure contains multiple material events: (1) departure of COO Jeremy Kinch effective immediately; (2) significant downward revision of full-year 2026 guidance (net income from $223–234M to $71–101M, EPS from $4.05–4.25 to $1.30–1.85) driven by cost overruns and delays in the Renewables business; (3) announcement of $2.0 billion in new project awards; and (4) $50 million share repurchase activity. The disclosure centers on multiple distinct material events rather than a single primary event, making it difficult to classify into a single category. While `exec_departure` applies to the COO transition, the financial guidance revision and operational challenges appear equally or more material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-22T20:53:26.280692+00:00","company_name":"Primoris Services Corp","ticker":"PRIM","filing_date":"2026-06-22"}]}