Everus (ECG) Director Receives 1,860 RSUs on 08/21/2025
Rhea-AI Filing Summary
Everus Construction Group, Inc. (ECG) reporting person Helena Mercedes Hernandez, a director, was granted 1,860 restricted stock units (RSUs) on 08/21/2025 at no cash cost. Each RSU represents the contingent right to receive one share of common stock if the reporting person remains in continuous service through the vesting date of May 20, 2026. Following the grant, the reporting person beneficially owns 1,860 shares on a direct basis. The Form 4 was signed by an attorney-in-fact on 08/22/2025.
Positive
- 1,860 RSUs granted to Director Helena Mercedes Hernandez on 08/21/2025
- Vesting date disclosed: RSUs vest on May 20, 2026, conditional on continuous service
- Transaction reported as acquisition (Code A) at $0.0000, consistent with standard RSU awards
Negative
- None.
Insights
TL;DR: Director received a small RSU award that vests next year, aligning pay with continued service.
The filing documents a grant of 1,860 restricted stock units to a company director on 08/21/2025 at $0.00 per unit, with vesting conditioned on continuous service through 05/20/2026. This is a routine equity award disclosure under Section 16 reporting rules and signals a standard retention/incentive arrangement rather than an immediate change in stock ownership or control. The disclosure is precise about quantity, vesting date, and the direct beneficial ownership following the grant.
TL;DR: The transaction is an ordinary equity grant with no cash consideration and limited immediate market impact.
The Form 4 shows an acquisition code "A" for 1,860 RSUs at a reported price of $0.0000, each converting to one share upon vesting. The report includes the reporting persons address and status as a director. There are no derivative transactions, no dispositions, and no exercise prices disclosed, indicating a straightforward restricted stock unit grant subject to continued service.