Everus (ECG) EVP & COO reports RSU grant and tax share withholding

Rhea-AI Filing Summary

Everus Construction Group EVP & COO Thomas D. Nosbusch reported equity compensation activity in the form of restricted stock units and related tax withholding. On February 27, 2026, he acquired 3,889 shares of common stock through a grant of RSUs at no cash cost. These RSUs vest in three equal annual installments beginning on February 27, 2027, contingent on continued employment, and each unit represents one future share.

On the same date, 719 shares and 2,046 shares of common stock were disposed of at $120.87 per share to cover tax withholding obligations upon RSU vesting. Following these transactions, he directly owned 25,896 shares of common stock. Separately, an indirect 401(k) plan holding held by a trustee showed 5,828 shares as of the most recent quarter end, with the amount subject to daily fluctuation based on plan activity.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nosbusch Thomas D.

(Last) (First) (Middle)

1730 BURNT BOAT DRIVE

(Street)

BISMARCK ND 58503

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Everus Construction Group, Inc. [ ECG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & COO

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/27/2026		A(1)		3,889	A	$0.0000	28,661	D
Common Stock	02/27/2026		F(2)		719	D	$120.87	27,942	D
Common Stock	02/27/2026		F(2)		2,046	D	$120.87	25,896	D
Common Stock - 401(k)(3)								5,828	I	By Trustee

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units (RSUs) that vest in three equal annual installments beginning on February 27, 2027, provided the reporting person remains continuously employed by the issuer through the applicable vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.

2. Represents shares withheld by issuer to cover tax withholding obligations upon vesting of a RSU award.

3. As of the most recent quarter end, the number of shares may fluctuate daily depending on plan activity in the fund.

	/s/ Paul R. Sanderson, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transactions did Everus Construction Group (ECG) report for Thomas D. Nosbusch?

Everus reported that EVP & COO Thomas D. Nosbusch received a grant of 3,889 restricted stock units and disposed of 2,765 shares to cover tax withholding. The RSUs vest over three years starting February 27, 2027, subject to continued employment.

How many Everus (ECG) shares did Thomas D. Nosbusch acquire in this Form 4 filing?

He acquired 3,889 shares via a restricted stock unit grant at no cash cost. Each RSU represents one future share of common stock, vesting in three equal annual installments beginning February 27, 2027, if he remains continuously employed by the company.

Why did Thomas D. Nosbusch dispose of Everus (ECG) shares in this Form 4?

Nosbusch disposed of 719 shares and 2,046 shares at $120.87 per share to satisfy tax withholding obligations from an RSU vesting. The filing specifies these were shares withheld by the issuer, not open-market sales, to pay required tax liabilities.

What is Thomas D. Nosbusch’s Everus (ECG) direct share ownership after these transactions?

After the reported grant and tax-withholding dispositions, Nosbusch directly owned 25,896 shares of Everus common stock. This figure reflects his direct holdings only and excludes separate indirect holdings in a 401(k) plan held by a trustee.

How are Thomas D. Nosbusch’s Everus (ECG) 401(k) shares reported in the Form 4?

The Form 4 shows an indirect 401(k) position of 5,828 Everus shares held by a trustee as of the most recent quarter end. A footnote notes this balance may fluctuate daily based on plan activity within the underlying fund.