The estimated Net Worth of John P. Schauerman is at least $26.8 Million dollars as of 22 May 2024. Mr. Schauerman owns over 15,000 units of Primoris Services Corp stock worth over $9,830,380 and over the last 16 years he sold PRIM stock worth over $16,810,982. In addition, he makes $163,334 as Independent Director at Primoris Services Corp.
John has made over 29 trades of the Primoris Services Corp stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 15,000 units of PRIM stock worth $795,150 on 22 May 2024.
The largest trade he's ever made was selling 184,860 units of Primoris Services Corp stock on 14 December 2012 worth over $2,719,291. On average, John trades about 12,466 units every 72 days since 2009. As of 22 May 2024 he still owns at least 187,281 units of Primoris Services Corp stock.
You can see the complete history of Mr. Schauerman stock trades at the bottom of the page.
John P. Schauerman serves as Independent Director of the Company. He was appointed a Director on November 15, 2016. He served as the Company's Executive Vice President of Corporate Development from February 2009 to December 2012, and was responsible for developing and integrating Primoris' overall strategic plan, including the evaluation and structuring of new business opportunities and acquisitions. Prior to that, Mr. Schauerman served as our Chief Financial Officer from February 2008 to February 2009, during which time Primoris went public through a merger with Rhapsody Acquisition Corp. He also served as a director of the Company from July 2008 to May 3, 2013 and as a director of its predecessor entity, ARB, Inc. ("ARB") from 1993 to July 2008. Mr. Schauerman joined ARB in 1993 as the Company's Senior Vice President. Previously, he served as Senior Vice President of Wedbush Morgan Securities, Inc., a regional investment bank focused on financing activities for middle market companies (n/k/a Wedbush Securities, Inc.). Mr. Schauerman served on the Boards of Directors of MYR Group (Nasdaq: MYRG) from March 2016 through November 2016; Harmony Merger Corp. (Nasdaq:HRMNU), a blank check investment company, from March 2015 through July 2017, Allegro Merger Corp (Nasdaq:ALGR), a blank check investment company from July 2018 through present, and Wedbush Securities, Inc., a leading financial services and investment firm, from August 2014 through February 2018. Mr. Schauerman is a member of the Dean's Executive Board of the UCLA School of Engineering. Mr. Schauerman holds an MBA in Finance from Columbia University, New York, and a B.S. in Electrical Engineering from the University of California, Los Angeles.
As the Independent Director of Primoris Services Corp, the total compensation of John Schauerman at Primoris Services Corp is $163,334. There are 13 executives at Primoris Services Corp getting paid more, with Thomas E. McCormick having the highest compensation of $1,928,030.
John Schauerman is 63, he's been the Independent Director of Primoris Services Corp since 2016. There are 6 older and 13 younger executives at Primoris Services Corp. The oldest executive at Primoris Services Corp is Thomas Tucker, 77, who is the Independent Director.
John'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: