MYR Group (MYRG) director details RSU vesting, tax withholding and new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYR Group director Donald C.I. Lucky reported routine equity compensation activity. On April 24, 2026, 1,160 Restricted Stock Units vested and were settled into the same number of MYR Group common shares. Of these, 554 shares were withheld at $339.28 per share to cover tax obligations, leaving a larger direct shareholding of 20,808 shares. On April 23, 2026, he also received a new award of 414 Restricted Stock Units that are scheduled to convert into 414 common shares on April 23, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,160 shares exercised/converted
Mixed
4 txns
Insider
LUCKY DONALD C.I.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 1,160 | $0.00 | -- |
| Exercise | Common Stock | 1,160 | $0.00 | -- |
| Tax Withholding | Common Stock | 554 | $339.28 | $188K |
| Grant/Award | RESTRICTED STOCK UNIT | 414 | $0.00 | -- |
Holdings After Transaction:
RESTRICTED STOCK UNIT — 0 shares (Direct, null);
Common Stock — 20,808 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. 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. 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: 1,160 shares
Shares withheld for taxes: 554 shares at $339.28
Post-transaction holdings: 20,808 shares
+2 more
5 metrics
RSUs vested
1,160 shares
Restricted Stock Units settled into common stock on April 24, 2026
Shares withheld for taxes
554 shares at $339.28
Tax withholding on RSU vesting, April 24, 2026
Post-transaction holdings
20,808 shares
Common stock directly held after transactions
New RSU grant
414 units
Awarded April 23, 2026; converts into 414 shares on April 23, 2027
Tax withholding value reference
$339.28 per share
Price used for 554-share tax withholding disposition
Key Terms
Restricted Stock Units, tax withholding obligations, 2017 Long-Term Incentive Plan, contingent right
4 terms
Restricted Stock Units financial
"These Restricted Stock Units, which were awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting"
2017 Long-Term Incentive Plan financial
"awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 24, 2026"
contingent right financial
"Each Restricted Stock Unit, awarded pursuant to the Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share"
FAQ
What insider transactions did MYR Group (MYRG) director Donald C.I. Lucky report?
He reported RSU-related transactions, including 1,160 Restricted Stock Units vesting into common shares and 554 shares withheld to cover taxes. He also received a new grant of 414 Restricted Stock Units scheduled to convert into common shares in 2027, all as part of equity compensation.
What are the details of the new Restricted Stock Unit grant at MYR Group (MYRG)?
He received 414 Restricted Stock Units awarded under MYR Group’s 2017 Long-Term Incentive Plan. Each RSU represents a contingent right to one common share, with all 414 RSUs scheduled to convert into 414 shares of common stock on April 23, 2027, subject to plan terms.