The estimated Net Worth of David Lee King is at least $4.8 Million dollars as of 14 June 2024. Mr. King owns over 2,500 units of Primoris Services Corp stock worth over $1,444,367 and over the last 11 years he sold PRIM stock worth over $1,839,578. In addition, he makes $1,517,780 as Non-Executive Chairman of the Board at Primoris Services Corp.
David has made over 11 trades of the Primoris Services Corp stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 2,500 units of PRIM stock worth $132,150 on 14 June 2024.
The largest trade he's ever made was exercising 50,763 units of Primoris Services Corp stock on 30 June 2020 worth over $2,664,550. On average, David trades about 3,465 units every 60 days since 2014. As of 14 June 2024 he still owns at least 27,517 units of Primoris Services Corp stock.
You can see the complete history of Mr. King stock trades at the bottom of the page.
David L. King serves as Non-Executive Chairman of the Board of the Company. He is no longer Chief Executive Officer of the Company. He has served as our Chief Executive Officer since August 2015, has served as one of our Directors since May 2015, and also served as our President from August 2015 until April 2019. Mr. King directs and manages day-to-day operations of the Company. He is responsible for providing strategic leadership for the Company by working with the board of directors and the executive management team to establish long-range goals, strategies, plans and policies. Prior to that, Mr. King was our Executive Vice President, Chief Operating Officer since March 2014. Prior to joining Primoris, Mr. King spent several years at Chicago Bridge & Iron ("CB&I"), a large NYSE listed construction company that was recently acquired by McDermott International, most recently as President of Lummus Engineered Products from 2013 to March 2014. From 2010 to 2013 he was President of CB&I Project Engineering & Construction based in The Hague, Netherlands responsible for worldwide operations. From 2009 to 2010 he was Group Vice President for Downstream Operations for CB&I Lummus located in The Woodlands, Texas. Mr. King also managed and helped establish the Global Services Group for CB&I in 2008. He has extensive Engineering, Procurement, Fabrication and Construction industry experience in energy-related projects, liquefied natural gas, offshore, pipelines, refining, petrochemicals, gas processing, oil sands, synthesis gas and gas-to-liquids. Mr. King received his bachelor's degree in Mechanical Engineering from Texas Tech University, an MBA from the University of Texas, Tyler, and an Advanced Executive Management Degree from Insead University in Fontainebleau, France.
As the Non-Executive Chairman of the Board of Primoris Services Corp, the total compensation of David King at Primoris Services Corp is $1,517,780. There are 1 executives at Primoris Services Corp getting paid more, with Thomas E. McCormick having the highest compensation of $1,928,030.
David King is 67, he's been the Non-Executive Chairman of the Board of Primoris Services Corp since 2019. There are 4 older and 16 younger executives at Primoris Services Corp. The oldest executive at Primoris Services Corp is Thomas Tucker, 77, who is the Independent Director.
David's mailing address filed with the SEC is C/O PRIMORIS SERVICES CORPORATION, 2300 N. FIELD STREET, SUITE 1900, DALLAS, TX, 75201.
Over the last 17 years, insiders at Primoris Services Corp have traded over $329,271,149 worth of Primoris Services Corp stock and bought 114,571 units worth $1,542,395 . The most active insiders traders include Brian Pratt, Eric Rosenfeld, and John P. Schauerman. On average, Primoris Services Corp executives and independent directors trade stock every 21 days with the average trade being worth of $3,749,518. The most recent stock trade was executed by Thomas Edward Mc Cormick on 29 June 2024, trading 25,441 units of PRIM stock currently worth $1,335,398.
primoris services corporation (nasdaq: prim), through various subsidiaries, has grown to become one of the largest construction service enterprises in the united states. serving diverse end markets, primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. since december 2009, primoris has more than doubled its size and the company's national footprint now extends throughout the continental united states and canada.
Primoris Services Corp executives and other stock owners filed with the SEC include: