Everus (ECG) grants director 1,015 RSUs vesting at 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryan Edward A reported acquisition or exercise transactions in this Form 4 filing.
Everus Construction Group, Inc. director Ryan Edward A received an award of 1,015 restricted stock units of common stock as compensation. The award was recorded at a price of $0.00 per share, indicating it was a grant rather than an open-market purchase.
These RSUs vest on the date of Everus Construction Group’s 2027 annual meeting of stockholders, as long as he remains in continuous service with the company through that date. Each RSU represents the right to receive one share of common stock, and following this award he holds 19,929 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ryan Edward A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,015 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,929 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,015 shares
Grant price per share: $0.00 per share
Shares after transaction: 19,929 shares
+1 more
4 metrics
RSUs granted
1,015 shares
Restricted stock units of common stock granted to director
Grant price per share
$0.00 per share
Compensation-related award, not open-market purchase
Shares after transaction
19,929 shares
Total common stock held directly after RSU award
Vesting event
2027 annual meeting
RSUs vest at issuer's 2027 annual meeting of stockholders
Key Terms
restricted stock units (RSUs), continuous service, annual meeting of stockholders
3 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.
continuous service financial
"provided that the reporting person remains in continuous service with the issuer through the vesting date"
annual meeting of stockholders financial
"that vest on the date of the issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did Everus Construction Group (ECG) report for Ryan Edward A?
Everus Construction Group reported that director Ryan Edward A received 1,015 restricted stock units of common stock as a compensation grant. The Form 4 shows this as a non-derivative acquisition, increasing his directly held shares to 19,929 after the award.
Are the Everus Construction Group (ECG) RSUs an open-market purchase or a grant?
The 1,015 Everus Construction Group RSUs are a grant, not an open-market purchase. The Form 4 lists transaction code A, with a price of $0.00 per share, indicating a compensation-related award rather than a cash transaction in the market.
When do the Everus Construction Group (ECG) RSUs granted to the director vest?
The RSUs vest on the date of Everus Construction Group’s 2027 annual meeting of stockholders. Vesting is contingent on the director remaining in continuous service with the company through that meeting, linking the equity award to ongoing board service.
What does each Everus Construction Group (ECG) RSU represent in this Form 4 filing?
Each RSU in the Everus Construction Group filing represents the contingent right to receive one share of common stock. Delivery of the underlying shares occurs only if the vesting condition is met at the issuer’s 2027 annual meeting of stockholders.