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Everus Construction (ECG) VP granted RSUs; shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Everus Construction Group VP of Human Resources Britney A. Hendricks reported mixed equity compensation activity. She received 1,830 restricted stock units that will vest in three equal annual installments beginning on February 27, 2027, as long as she remains continuously employed. Each unit converts into one share of common stock when it vests.

On the same date, 290 common shares were withheld at a price of $120.87 per share to cover tax obligations arising from a vesting RSU award. After these transactions, she directly owned 3,782 common shares, and 293 additional shares were held indirectly in a 401(k) plan by a trustee.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Hendricks Britney A.

(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)
VP of Human Resources
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) 1,830 A $0.0000 4,072 D
Common Stock 02/27/2026 F(2) 290 D $120.87 3,782 D
Common Stock - 401(k)(3) 293 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Everus Construction Group (ECG) report for Britney A. Hendricks?

Everus reported that VP of Human Resources Britney A. Hendricks received 1,830 restricted stock units and had 290 common shares withheld to pay taxes on a vesting award. These transactions reflect routine equity compensation rather than open-market buying or selling of Everus stock.

How do Britney A. Hendricks’s new Everus (ECG) RSUs vest over time?

The 1,830 restricted stock units granted to Britney A. Hendricks vest in three equal annual installments starting on February 27, 2027. Vesting requires that she remain continuously employed by Everus Construction Group through each vesting date, aligning the award with long-term service at the company.

Why were 290 Everus (ECG) shares disposed of in Britney Hendricks’s Form 4 filing?

The 290 Everus shares were withheld by the company to cover tax withholding obligations triggered when a restricted stock unit award vested. This tax-withholding disposition is a common administrative step and does not represent an open-market sale directed by the executive.

How many Everus Construction Group (ECG) shares does Britney Hendricks own after these transactions?

Following the reported transactions, Britney Hendricks directly held 3,782 shares of Everus common stock. An additional 293 shares were held indirectly in a 401(k) plan by a trustee, where the share balance can fluctuate with ongoing plan investment activity and participant choices.

What does the Everus (ECG) Form 4 say about Britney Hendricks’s 401(k) holdings?

The Form 4 shows 293 Everus common shares held indirectly for Britney Hendricks through a 401(k) plan, with a trustee listed as the owner. The filing notes that this share count may fluctuate daily based on plan activity, reflecting normal retirement-plan investment movements.

Did Britney Hendricks buy or sell Everus (ECG) shares on the open market?

The filing describes a grant of 1,830 restricted stock units and a tax-withholding disposition of 290 shares, both tied to equity compensation. It does not report any open-market purchases or sales initiated by Britney Hendricks; the transactions are compensation and tax related.
Everus Constr Group

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