Everus Construction Group (ECG) VP gets 2,456 RSUs, shares withheld for taxes

Rhea-AI Filing Summary

Everus Construction Group, Inc. reported that VP, CLO & Corporate Secretary Paul R. Sanderson received a grant of 2,456 restricted stock units on common stock at a price per share of 0.0000. These RSUs vest in three equal annual installments beginning on February 27, 2027, conditioned on continued employment. To satisfy tax withholding on a vesting RSU award, the issuer withheld 417 and 3,775 common shares at a price per share of 120.87, leaving Sanderson with 22,250 directly owned common shares after the transactions.

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

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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^*

Sanderson Paul R.

(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, CLO & Corporate Secretary

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)		2,456	A	$0.0000	26,442	D
Common Stock	02/27/2026		F(2)		417	D	$120.87	26,025	D
Common Stock	02/27/2026		F(2)		3,775	D	$120.87	22,250	D

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.

	/s/ Paul R. Sanderson	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 did Everus Construction Group (ECG) insider Paul R. Sanderson report on this Form 4?

Paul R. Sanderson, VP, CLO & Corporate Secretary of Everus Construction Group, reported one stock award and two tax-related share dispositions. All transactions involved common stock and adjusted his directly owned holdings without indicating any open-market buying or selling activity.

How many restricted stock units did ECG grant to Paul R. Sanderson?

Everus Construction Group granted Paul R. Sanderson 2,456 restricted stock units on common stock at a price per share of 0.0000. Each RSU represents the contingent right to receive one common share, subject to future vesting and continued employment conditions set by the company.

What is the vesting schedule for Paul R. Sanderson’s new ECG RSU award?

The 2,456 restricted stock units granted to Paul R. Sanderson vest in three equal annual installments starting on February 27, 2027. Vesting requires that he remain continuously employed by Everus Construction Group through each applicable vesting date to receive the related common shares.

Why did ECG withhold shares from Paul R. Sanderson in this filing?

Everus Construction Group withheld 417 and 3,775 common shares from Paul R. Sanderson to cover tax withholding obligations upon vesting of a restricted stock unit award. These dispositions were processed at a price per share of 120.87, rather than reflecting open-market sales for investment purposes.

How many Everus Construction Group shares does Paul R. Sanderson own after these transactions?

After the reported grant and tax-withholding share dispositions, Paul R. Sanderson directly owns 22,250 shares of Everus Construction Group common stock. This figure reflects his updated holdings following the 2,456 restricted stock unit award and the share withholdings recorded for tax obligations.

Do the ECG Form 4 transactions show any open-market share purchases or sales?

The transactions reported involve a grant of restricted stock units and share withholdings to pay tax liabilities, not open-market trades. Codes A and F indicate a stock award and tax-withholding dispositions, so the filing does not show discretionary buying or selling of ECG shares on the market.