Everus Construction Group (ECG) director receives 1,015 RSUs vesting at 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WYNN BETTY R. reported acquisition or exercise transactions in this Form 4 filing.
Everus Construction Group, Inc. director Betty R. Wynn received a grant of 1,015 shares of common stock in the form of restricted stock units. These RSUs vest on the date of the company’s 2027 annual shareholder meeting if she remains in continuous service. After this award, she directly holds 5,392 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WYNN BETTY R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,015 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,392 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,015 shares
Grant price: $0.00 per share
Holdings after grant: 5,392 shares
+1 more
4 metrics
RSUs granted
1,015 shares
Restricted stock units awarded to director Betty R. Wynn
Grant price
$0.00 per share
Equity award, not open-market purchase
Holdings after grant
5,392 shares
Total direct common stock holdings post-award
Vesting date
2027 annual meeting
RSUs vest at 2027 shareholder meeting if service continues
Key Terms
restricted stock units (RSUs), continuous service, annual meeting of shareholders, contingent right
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) that vest on the date of the issuer's 2027 annual meeting"
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.
continuous service financial
"provided that the reporting person remains in continuous service with the issuer through the vesting date"
contingent right financial
"Each RSU represents the contingent right to receive one share of the issuer's common stock"
FAQ
What insider transaction did Everus Construction Group (ECG) report for Betty R. Wynn?
Everus Construction Group reported a Form 4 showing director Betty R. Wynn acquired 1,015 restricted stock units. These RSUs were granted as equity compensation rather than a cash purchase and increase her direct holdings to 5,392 common shares after the award.
When do Betty R. Wynn’s Everus Construction Group (ECG) RSUs vest?
The 1,015 restricted stock units granted to Betty R. Wynn vest on the date of Everus Construction Group’s 2027 annual meeting of shareholders. Vesting is conditioned on her remaining in continuous service with the company through that meeting date under the award terms.
What conditions apply to the Everus Construction Group (ECG) RSUs granted to Betty R. Wynn?
The RSUs vest only if Betty R. Wynn remains in continuous service with Everus Construction Group until the company’s 2027 annual shareholder meeting. Each restricted stock unit then converts into one share of common stock, aligning her compensation with shareholder interests over that period.