Thomas McCormick compensation by year
Primoris Services Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $383,654 | $539,134 | $559,834 | $593,850 | $653,365 | $737,019 | $833,461 | $890,769 | $929,769 | $233,104 |
| Bonus | $397,656 | $659,378 | $679,903 | $100,212 | $261,857 | $264,291 | $0 | $0 | $0 | $0 |
| Stock awards | $2,200,000 | $0 | $0 | $0 | $223,121 | $1,644,586 | $475,214 | $4,630,038 | $2,477,079 | $2,601,006 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | $469,189 | $909,188 | $694,236 | $1,146,351 | $1,338,077 | $2,102,986 | $468,025 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $58,054 | $56,376 | $99,161 | $42,551 | $103,620 | $106,506 | $130,561 | $145,744 | $196,233 | $8,962,618 |
| Total | $3,039,364 | $1,254,888 | $1,338,898 | $1,205,802 | $2,151,151 | $3,446,638 | $2,585,587 | $7,004,628 | $5,706,067 | $12,264,753 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Primoris Services Corporation DEF 14A filed March 20, 2026, accession 0001104659-26-032237, and prior-year filings.
How this page was built: the Primoris Services Corporation filed document, accession 0001104659-26-032237. Every figure is read from that document and cited to the page and table it appears in. Filed March 20, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 12,690 | $910,381 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Primoris Services Corporation's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Primoris Services’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Thomas McCormick · this page | Former President and Chief Executive Officer | $12,264,753 |
| David King | Former Interim President and Chief Executive Officer | $3,046,393 |
| John Perisich | Executive Vice President, Chief Legal and Administrative Officer and Secretary | $3,023,931 |
| Kenneth Dodgen | Executive Vice President, Chief Financial Officer | $2,782,245 |
| Jeremy Kinch | Executive Vice President, Chief Operating Officer | $2,771,853 |
| Koti Vadlamudi | President and Chief Executive Officer | $2,176,941 |
Board service
Primoris Services board · FY2021–FY2024How this board is paid
Company policy: Primoris Services pays directors a $100,000 cash retainer and $150,000 in equity. As stated in Primoris Services's FY2024 proxy.
The full Primoris Services compensation record
free company briefThis page is one person within Primoris Services's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Primoris Services proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Primoris Services's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Primoris Services's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.