Everus Construction VP awarded 2,456 RSUs
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,456 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 417 | $120.87 | $50K |
| Exercise Price or Tax Liability | Common Stock | 3,775 | $120.87 | $456K |
Footnotes (2)
- F1. 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.
- F2. Represents shares withheld by issuer to cover tax withholding obligations upon vesting of a RSU award.
FAQ
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What did Everus Construction Group (ECG) insider Paul R. Sanderson report on this Form 4?
How many restricted stock units did ECG grant to Paul R. Sanderson?
What is the vesting schedule for Paul R. Sanderson’s new ECG RSU award?
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