Everus Construction (ECG) VP has 1,361 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everus Construction Group, Inc. VP of Corp. Dev. & Strategy Timothy Ryan Sznewajs reported a routine tax-related share disposition. On May 22, 1,361 shares of common stock were withheld by the company at $148.65 per share to cover tax obligations from a vested RSU award. After this withholding, he directly holds 13,214 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sznewajs Timothy Ryan
Role
VP of Corp. Dev. & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,361 | $148.65 | $202K |
Holdings After Transaction:
Common Stock — 13,214 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,361 shares
Tax withholding price: $148.65 per share
Shares held after transaction: 13,214 shares
+1 more
4 metrics
Shares withheld for taxes
1,361 shares
Tax-withholding disposition on May 22, 2026
Tax withholding price
$148.65 per share
Value used for RSU-related tax withholding
Shares held after transaction
13,214 shares
Direct common stock holdings after withholding
Tax-withholding shares in summary
1,361 shares
transactionSummary taxWithholdingShares
Key Terms
Restricted Stock Unit (RSU) award, tax withholding obligations, tax-withholding disposition, Form 4
4 terms
Restricted Stock Unit (RSU) award financial
"upon vesting of a Restricted Stock Unit (RSU) award"
tax withholding obligations financial
"to cover tax withholding obligations upon vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Everus Construction Group (ECG) executive Timothy Ryan Sznewajs report on this Form 4?
Timothy Ryan Sznewajs reported that 1,361 shares of Everus Construction Group common stock were withheld by the company to cover tax obligations from a Restricted Stock Unit (RSU) vesting, a routine administrative disposition rather than an open-market sale.
Was the Everus Construction Group (ECG) Form 4 transaction an open-market stock sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Everus Construction Group to satisfy tax obligations when an RSU award vested, which does not involve selling shares to public market buyers.
What does the footnote about the Everus Construction Group (ECG) Form 4 transaction explain?
The footnote explains that the 1,361 shares represent stock withheld by Everus Construction Group to cover tax withholding obligations when a Restricted Stock Unit (RSU) award vested, clarifying the transaction is a compensation-related tax event rather than a discretionary trade.
What is a Restricted Stock Unit (RSU) in the context of Everus Construction Group (ECG)?
A Restricted Stock Unit (RSU) is a form of equity compensation that converts into company shares upon vesting. In this case, RSU vesting for an Everus Construction Group executive triggered tax obligations, met by withholding 1,361 company shares instead of a cash tax payment.