Everus director awarded 1,184 restricted stock units
Rosenthal Dale reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Rosenthal Dale reported acquisition or exercise transactions in this Form 4 filing.
Everus Construction Group director Rosenthal Dale received an equity award rather than buying shares on the market. On May 12, 2026, Dale was granted 1,184 restricted stock units (RSUs) of Everus Construction Group, Inc. common stock, bringing direct holdings to 13,210 shares.
The RSUs will vest on the date of the company’s 2027 annual meeting of stockholders, as long as Dale continues serving as a director through that date. Each RSU represents the right to receive one share of common stock. Dale has elected to defer receipt of these shares until separation from board service, when the deferred RSUs (held as phantom stock units with dividend equivalents) will be settled in shares.
Insider Trade Summary
Grant/Award: 1,184 shares
Grant/Award
1 txn
Insider
Rosenthal Dale
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,184 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 13,210 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units (RSUs) that vest on the date of the issuer's 2027 annual meeting of stockholders, provided that the reporting person remains in continuous service with the issuer through the vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock. Pursuant to the issuer's Deferred Compensation Plan for Directors, as amended and restated to date, the reporting person has elected to defer receipt of the shares of common stock issuable upon vesting of the RSUs until the reporting person's separation from service as a director. The deferred amounts will convert into an equivalent number of phantom stock units with dividend equivalent accruals (investment units). After the reporting person's separation from service as a director, the accumulated investment units will be converted into (and settled in) an equivalent number of shares of the issuer's common stock.
Key Figures
RSUs granted: 1,184 RSUs
Holdings after transaction: 13,210 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
RSUs granted
1,184 RSUs
Grant to director Rosenthal Dale on May 12, 2026
Holdings after transaction
13,210 shares
Total direct common stock holdings following RSU grant
Grant price per share
$0.0000 per share
Indicates equity award with no cash paid by director
Vesting event
2027 annual meeting
RSUs vest on date of issuer’s 2027 annual stockholder meeting
Key Terms
restricted stock units (RSUs), Deferred Compensation Plan for Directors, phantom stock units, dividend equivalent accruals
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) that vest on the date of the issuer's 2027 annual meeting of stockholders"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Deferred Compensation Plan for Directors financial
"Pursuant to the issuer's Deferred Compensation Plan for Directors, as amended and restated to date"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
phantom stock units financial
"The deferred amounts will convert into an equivalent number of phantom stock units with dividend equivalent accruals"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
dividend equivalent accruals financial
"phantom stock units with dividend equivalent accruals (investment units)"
Dividend equivalent accruals are bookkeeping entries that track amounts owed to holders of stock-based awards (like restricted stock units or certain options) as if cash dividends had been paid on the underlying shares. Think of it as a running tab a company keeps for future payments: it matters to investors because these accruals increase reported compensation costs, can dilute shareholders when paid in stock, and signal future cash or share outflows tied to corporate dividend policy.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Everus Construction Group (ECG) director Rosenthal Dale report on this Form 4?
Rosenthal Dale reported receiving a grant of 1,184 restricted stock units (RSUs) of Everus Construction Group common stock as director compensation. This is an equity award, not an open-market stock purchase or sale, and increases Dale’s reported direct holdings to 13,210 shares after the grant.
When do Rosenthal Dale’s Everus Construction Group (ECG) RSUs vest?
The 1,184 restricted stock units granted to Rosenthal Dale vest on the date of Everus Construction Group’s 2027 annual meeting of stockholders. Vesting is contingent on continuous service as a director through that meeting, according to the terms described in the Form 4 footnote.
What is the significance of phantom stock units in Rosenthal Dale’s Everus (ECG) award?
Phantom stock units track the value of Everus Construction Group shares and include dividend equivalent accruals. In this plan, Dale’s vested RSUs convert into phantom stock units until separation from service, at which time the accumulated units are converted into and settled in an equal number of common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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