Vanguard Capital Management Reports New 5.04% Stake in Primoris Services Corp

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G with the SEC, reporting a new 5.04% ownership stake in Primoris Services Corp (PRIM). The filing indicates that as of the event date on March 31, 2026, Vanguard beneficially owns 2,738,684 shares of common stock. This position represents a significant increase from a previously reported 0% ownership, crossing the 5% regulatory threshold. According to the filing, Vanguard Capital Management holds sole dispositive power over all 2,738,684 shares, while exercising sole voting power over 402,936 shares. The reporting entity clarified that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing also covers several Vanguard affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. No other single person's interest in the reported securities exceeds 5% of the total shares outstanding.