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MYR Group (MYRG) SVP Stern exercises RSUs and receives 1,202-unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Stern Brian K.

(Last)(First)(Middle)
MYR GROUP INC.
12121 GRANT STREET SUITE 610

(Street)
THORNTON COLORADO 80241

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MYR GROUP INC. [ MYRG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and COO T&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/21/2026M708(1)A$0(1)4,158D
Common Stock03/21/2026F201(2)D$259.683,957D
Common Stock03/22/2026M347(3)A$0(3)4,304D
Common Stock03/22/2026F127(2)D$259.684,177D
Common Stock03/23/2026M286(4)A$0(4)4,463D
Common Stock03/23/2026F124(2)D$274.394,339D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
RESTRICTED STOCK UNIT(1)03/21/2026M70803/21/2026(1)03/21/2026(1)Common Stock708$01,417D
RESTRICTED STOCK UNIT(3)03/22/2026M34703/22/2026(3)03/22/2026(3)Common Stock347$0348D
RESTRICTED STOCK UNIT(4)03/23/2026M28603/23/2026(4)03/23/2026(4)Common Stock286$00D
RESTRICTED STOCK UNIT(5)03/23/2026A1,202 (5) (5)Common Stock1,202$01,202D
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
Remarks:
/s/ William F. Fry as Attorney-in-Fact for Brian K. Stern03/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did MYR Group (MYRG) executive Brian Stern report on this Form 4?

Brian K. Stern reported exercises of Restricted Stock Units into 1,341 MYR Group common shares and related tax withholding dispositions of 452 shares. He also reported receiving a new grant of 1,202 Restricted Stock Units under the company’s 2017 Long-Term Incentive Plan.

How many MYR Group shares does Brian Stern hold after these transactions?

After the reported transactions, Brian K. Stern directly holds 4,339 shares of MYR Group common stock. This reflects RSU conversions into shares and share withholding to satisfy tax obligations associated with vesting under the 2017 Long-Term Incentive Plan.

Were Brian Stern’s MYR Group transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They reflect exercises of Restricted Stock Units into common stock and shares withheld by the issuer to satisfy tax withholding obligations tied to RSU vesting under the 2017 Long-Term Incentive Plan.

What Restricted Stock Unit grant did Brian Stern receive from MYR Group?

Brian K. Stern received a grant of 1,202 Restricted Stock Units, each representing a contingent right to one MYR Group common share. These units were awarded under the 2017 Long-Term Incentive Plan and vest ratably over three years beginning on the first anniversary of the grant date.

How many MYR Group shares were used to cover Brian Stern’s tax obligations?

A total of 452 MYR Group common shares were withheld to satisfy tax withholding obligations. This includes 201 shares and 127 shares at $259.68 per share, and 124 shares at $274.39 per share, all linked to RSU vesting events.

Over what period did Brian Stern’s MYR Group RSU exercises occur?

The RSU exercises and related common stock transactions occurred over three consecutive days: March 21, March 22, and March 23, 2026. During this period, Restricted Stock Units vested and were settled into common shares with associated tax withholding share dispositions.
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4.18B
15.24M
Engineering & Construction
Water, Sewer, Pipeline, Comm & Power Line Construction
Link
United States
THORNTON