EMCOR Group (EME) CAO logs Form 4 tax-withholding share disposition

Rhea-AI Filing Summary

EMCOR Group, Inc. executive Mauricio Maxine Lum, who serves as CAO, EVP & General Counsel, reported a tax-related share disposition under an equity award. On the reported date, 1,709 shares of common stock were withheld at a price of $724.62 per share to cover tax obligations, a transaction type coded as a tax-withholding disposition rather than an open-market sale. Following this transaction, Lum directly held 27,210 shares of EMCOR common stock. A footnote explains that this figure includes shares issuable in respect of restricted stock units, meaning part of the reported holdings represents unvested or unsettled equity awards.

Insights

Equity Compensation Analyst

Tax withholding on equity, not a discretionary stock sale.

The reported transaction is a Form 4 event where EMCOR executive Mauricio Maxine Lum had 1,709 shares withheld at $724.62 per share to satisfy tax liabilities tied to equity compensation. Code F signals payment of taxes by delivering shares.

This differs from an open-market sale, as it typically occurs automatically when restricted stock or units vest. After the withholding, Lum holds 27,210 shares of common stock, and a note clarifies this amount includes shares issuable from restricted stock units.

Because the transaction is administrative and linked to tax obligations under an award program, it generally has limited signaling value about insider sentiment. It does, however, confirm the ongoing use of stock-based compensation and the executive’s continued equity stake in EMCOR.

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^*

Mauricio Maxine Lum

(Last) (First) (Middle)

301 MERRITT SEVEN

(Street)

NORWALK CT 06851

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EMCOR Group, Inc. [ EME ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CAO, EVP & General Counsel

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		F		1,709	D	$724.62	27,210(1)	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. Includes shares issuable in respect of restricted stock units.

	Jarrett R. Szeftel, Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did EMCOR Group (EME) report for Mauricio Maxine Lum?

EMCOR reported that executive Mauricio Maxine Lum had 1,709 shares of common stock withheld at $724.62 per share. The transaction was a tax-withholding disposition tied to equity compensation, not an open-market sale of shares into the market.

Was the EMCOR (EME) Form 4 transaction by Mauricio Maxine Lum a stock sale?

No, the Form 4 shows a tax-withholding disposition coded as an F transaction. Shares were delivered to cover tax obligations on equity compensation, rather than being sold at the executive’s discretion in the open market.

How many EMCOR (EME) shares does Mauricio Maxine Lum hold after the Form 4 transaction?

After the reported tax-withholding disposition, Mauricio Maxine Lum directly holds 27,210 EMCOR common shares. A filing footnote clarifies that this total includes shares issuable in respect of restricted stock units granted as part of his compensation.

What does transaction code F mean in the EMCOR (EME) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 1,709 EMCOR shares were withheld at $724.62 per share to satisfy tax obligations related to Lum’s equity compensation awards.

Does the EMCOR (EME) Form 4 suggest a change in insider sentiment by Mauricio Maxine Lum?

The filing mainly reflects an administrative tax-withholding event rather than a discretionary trade. Shares were used to cover tax liabilities on awards, while Lum’s remaining 27,210-share stake, including restricted stock units, suggests continued equity exposure to EMCOR.

How is restricted stock reflected in Mauricio Maxine Lum’s EMCOR (EME) holdings?

A footnote explains that Lum’s reported 27,210 EMCOR common shares include shares issuable from restricted stock units. This means part of the reported position consists of equity awards that may vest and settle into actual shares over time.