Everus Construction (ECG) VP gets 1,424 RSUs, 303 shares withheld for tax

Rhea-AI Filing Summary

Everus Construction Group VP of Corp. Dev. & Strategy Timothy Ryan Sznewajs reported equity compensation and related tax withholding. He was granted 1,424 restricted stock units at no cost, vesting in three equal annual installments beginning February 27, 2027, contingent on continued employment. To cover tax obligations upon RSU vesting, 303 common shares were withheld by the issuer at $120.87 per share. After these transactions, he directly owns 14,575 shares of Everus common stock.

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^*

Sznewajs Timothy Ryan

(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 Corp. Dev. & Strategy

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)		1,424	A	$0.0000	14,878	D
Common Stock	02/27/2026		F(2)		303	D	$120.87	14,575	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, 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 ECG executive Timothy Ryan Sznewajs report?

Timothy Ryan Sznewajs reported a grant of 1,424 restricted stock units and a related tax-withholding disposition of 303 common shares. The RSUs vest over time, and the withheld shares were used to satisfy tax obligations tied to RSU vesting.

How many Everus Construction Group (ECG) shares does the VP own after this Form 4?

After these transactions, the VP directly owns 14,575 shares of Everus Construction Group common stock. This figure reflects the RSU-related grant and the 303 shares withheld by the issuer to cover associated tax obligations upon RSU vesting.

What are the terms of the 1,424 RSUs granted to the ECG executive?

The 1,424 restricted stock units vest in three equal annual installments starting February 27, 2027. Vesting requires the executive to remain continuously employed by Everus Construction Group through each applicable vesting date, with each RSU representing one common share.

Were any of Timothy Ryan Sznewajs’s ECG share transactions open‑market buys or sells?

No open‑market buys or sells were reported. One transaction was an RSU grant at no cost, and the other was a disposition of 303 shares withheld by the issuer solely to cover tax withholding obligations associated with the vesting of an RSU award.

What does the tax-withholding disposition of 303 ECG shares represent?

The disposition of 303 Everus shares represents shares withheld by the issuer to satisfy tax withholding obligations when an RSU award vested. This is a non‑open‑market transaction used to handle taxes rather than a discretionary sale into the market.

When do the newly granted ECG restricted stock units begin vesting?

The newly granted restricted stock units begin vesting on February 27, 2027. They vest in three equal annual installments, provided Timothy Ryan Sznewajs remains continuously employed by Everus Construction Group through each scheduled vesting date.