MYR Group (MYRG) director reports RSU vesting and new 414-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYR Group Inc. director Shirin O'Connor reported equity compensation activity involving Restricted Stock Units and common stock. On April 24, 2026, 1,160 Restricted Stock Units granted under the 2017 Long-Term Incentive Plan vested and were settled into 1,160 shares of common stock on a one-for-one basis.
After this settlement, O'Connor held 7,220 shares of MYR Group common stock directly. On April 23, 2026, she also received a grant of 414 Restricted Stock Units, each representing a contingent right to receive one share of common stock, scheduled to convert into 414 shares on April 23, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,160 shares exercised/converted
Mixed
3 txns
Insider
O'Connor Shirin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 1,160 | $0.00 | -- |
| Exercise | Common Stock | 1,160 | $0.00 | -- |
| Grant/Award | RESTRICTED STOCK UNIT | 414 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNIT — 0 shares (Direct, null);
Common Stock — 7,220 shares (Direct, null)
Footnotes (1)
- These Restricted Stock Units, which were awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 24, 2026 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. Restricted Stock Units will be converted into 414 shares of the Issuer's common stock on April 23, 2027.
Key Figures
RSUs vested and settled: 1,160 units/shares
New RSU grant: 414 units
Shares held after transactions: 7,220 shares
+1 more
4 metrics
RSUs vested and settled
1,160 units/shares
Restricted Stock Units vested and converted on April 24, 2026
New RSU grant
414 units
Restricted Stock Units granted on April 23, 2026, converting April 23, 2027
Shares held after transactions
7,220 shares
Direct MYR Group common stock holdings following April 24, 2026 settlement
Exercise/settlement price
$0.00 per unit
Reported transaction price per share for RSU settlement and grant
Key Terms
Restricted Stock Unit, 2017 Long-Term Incentive Plan, contingent right, Form 4
4 terms
Restricted Stock Unit financial
"These Restricted Stock Units, which were awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 24, 2026"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2017 Long-Term Incentive Plan financial
"awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan"
contingent right financial
"Each Restricted Stock Unit ... represents a contingent right to receive one share of the Issuer's common stock"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did MYR Group (MYRG) director Shirin O'Connor report in this Form 4?
Shirin O'Connor reported equity compensation activity, not an open-market trade. 1,160 Restricted Stock Units vested and were settled into common stock, and she also received a new grant of 414 Restricted Stock Units representing future stock delivery.
What new Restricted Stock Units did Shirin O'Connor receive from MYR Group (MYRG)?
She received a grant of 414 Restricted Stock Units on April 23, 2026. Each unit represents a contingent right to one MYR Group common share, scheduled to convert into 414 shares of common stock on April 23, 2027, subject to plan terms.
Were Shirin O'Connor's MYR Group (MYRG) transactions market buys or sells?
The reported activity consists of RSU vesting and a new RSU grant, not market purchases or sales. The 1,160 units converted into shares represent compensation-related settlement, while the 414-unit grant reflects a new award under MYR Group’s long-term incentive plan.