Everus Constr Group SEC Filings

Vanguard Portfolio Management filed a Schedule 13G reporting beneficial ownership of 2,588,654 shares of Everus Construction Group Inc. The filing states this equals 5.07% of the company's Common Stock and shows 7,089 shares as sole voting power and 2,588,654 shares as sole dispositive power. The filing notes holdings include securities held for Vanguard funds and clients for which Vanguard affiliates exercise voting or dispositive authority. The filing is signed by Ashley Grim, Head of Global Fund Administration, on 04/29/2026.

Everus Construction Group Inc ownership disclosure: Wasatch Advisors reports beneficial ownership of 3,017,249 shares of Common Stock, representing 5.9% of the class as of 03/31/2026. The filing shows sole voting power over 2,041,602 shares and sole dispositive power over 3,017,249. The Schedule 13G is signed by Mike Yeates as CEO on 04/21/2026.

Everus Construction Group completed the acquisition of SE&M Constructors, SE&M of the Triangle and SECO Rentals for $158 million, funded with cash on hand. SE&M generated $109 million of revenue in 2025 with EBITDA margins in the high teens and capital spending under 1% of revenue.

SE&M is a North Carolina-based mechanical, electrical and plumbing contractor with more than 200 skilled craft laborers and a strong focus on pharmaceutical, complex industrial and health care customers. The business derives about 65% of revenue from mechanical services and a large share from maintenance and retrofit work, supporting recurring revenue and high renewal rates.

The deal broadens Everus’ mechanical services footprint in the Southeast and deepens exposure to industrial and pharmaceutical end markets, with limited customer overlap and potential commercial synergies across Everus’ brands. Management highlighted a pro forma net leverage level of 0.8x, indicating balance sheet capacity for further organic investments and acquisitions.

Everus Construction Group is asking stockholders to elect eight directors, approve executive pay on an advisory basis, and ratify KPMG as auditor at its fully virtual annual meeting on May 12, 2026. Stockholders of record on March 16, 2026 may vote online, by phone, mail, or during the webcast.

In 2025, its first full year as a stand‑alone public company, Everus reported record revenue of $3.75 billion, up from $2.85 billion in 2024, net income of $201.8 million with diluted EPS of $3.95, EBITDA of $319.8 million, and year‑end backlog of $3.23 billion. The board is 88% independent, 38% female, and uses majority voting, proxy access, stock ownership requirements, and a clawback policy. Executive pay is largely performance‑based, with over 80% of CEO target compensation at risk and incentives tied to Adjusted EBITDA and safety metrics.

Everus Construction Group Inc amends a Schedule 13G to report that The Vanguard Group reports zero beneficial ownership of Common Stock. The filing states 0 shares and 0% ownership and explains this follows an internal realignment under SEC Release No. 34-39538.

The filing is signed by Vanguard's Head of Global Fund Administration and lists Vanguard's principal business address in Malvern, Pennsylvania.

Everus Construction Group, Inc. filed an amended current report to update details on its change of independent auditor. The amendment specifies that Deloitte & Touche LLP was dismissed as the company’s independent registered public accounting firm on February 25, 2026, after completing the audits of the consolidated financial statements and internal control over financial reporting for the year ended December 31, 2025. Deloitte’s audit reports for 2025 and 2024 contained no adverse opinions, disclaimers of opinion, or qualifications. The company reports there were no disagreements or reportable events with Deloitte as defined under SEC rules. On January 14, 2026, the Audit Committee appointed KPMG LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, beginning with the review of the quarter ending March 31, 2026. Everus states it did not consult KPMG on accounting or auditing matters before this appointment.

Everus Construction Group EVP & COO Thomas D. Nosbusch reported equity compensation activity in the form of restricted stock units and related tax withholding. On February 27, 2026, he acquired 3,889 shares of common stock through a grant of RSUs at no cash cost. These RSUs vest in three equal annual installments beginning on February 27, 2027, contingent on continued employment, and each unit represents one future share.

On the same date, 719 shares and 2,046 shares of common stock were disposed of at $120.87 per share to cover tax withholding obligations upon RSU vesting. Following these transactions, he directly owned 25,896 shares of common stock. Separately, an indirect 401(k) plan holding held by a trustee showed 5,828 shares as of the most recent quarter end, with the amount subject to daily fluctuation based on plan activity.

Everus Construction Group VP, CFO & Treasurer Marcy Maximillian J reported equity compensation activity in Everus Construction Group, Inc. common stock. The executive received a grant of 2,774 restricted stock units that vest in three equal annual installments beginning on February 27, 2027, contingent on continued employment. In a separate move, 572 shares were withheld by the company to cover tax obligations upon vesting of a prior RSU award, leaving the officer with 7,710 shares of common stock held directly.