MYR Group (MYRG) SVP Stern exercises RSUs and receives 1,202-unit grant
Rhea-AI Filing Summary
MYR Group Inc. SVP and COO T&D Brian K. Stern reported compensation-related stock activity involving restricted stock units and common shares. Over March 21–23, 2026, he exercised Restricted Stock Units into a total of 1,341 shares of common stock at an exercise price of $0.00 per share.
Across the same dates, 452 common shares were withheld at prices of $259.68 and $274.39 per share to cover tax obligations tied to these RSU vestings. Following these transactions, Stern directly holds 4,339 shares of MYR Group common stock.
He also received a new grant of 1,202 Restricted Stock Units awarded under the 2017 Long-Term Incentive Plan. Each unit represents a contingent right to receive one share of common stock and vests ratably over three years beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 286 | $0.00 | -- |
| Grant/Award | RESTRICTED STOCK UNIT | 1,202 | $0.00 | -- |
| Exercise | Common Stock | 286 | $0.00 | -- |
| Tax Withholding | Common Stock | 124 | $274.39 | $34K |
| Exercise | RESTRICTED STOCK UNIT | 347 | $0.00 | -- |
| Exercise | Common Stock | 347 | $0.00 | -- |
| Tax Withholding | Common Stock | 127 | $259.68 | $33K |
| Exercise | RESTRICTED STOCK UNIT | 708 | $0.00 | -- |
| Exercise | Common Stock | 708 | $0.00 | -- |
| Tax Withholding | Common Stock | 201 | $259.68 | $52K |
Footnotes (1)
- These Restricted Stock Units, which were awarded on March 21, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis. Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan. These Restricted Stock Units, which were awarded on March 22, 2024 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis. These Restricted Stock Units, which were awarded on March 23, 2023 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis. Each Restricted Stock Unit, awarded pursuant to the Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.