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  4. [Form 4] MYR GROUP INC. Insider Trading Activity

MYR Group (NYSE: MYRG) director gains shares as 1,160 RSUs vest and 414 new RSUs are granted

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

Rhea-AI Filing Summary

MYR Group Inc. director Bradley Thede Favreau reported compensation-related equity activity. On April 24, 2026, 1,160 Restricted Stock Units vested under the company’s 2017 Long-Term Incentive Plan and were settled into 1,160 shares of common stock on a one-for-one basis, bringing his direct holdings to 15,370 shares.

Separately, on April 23, 2026, he received a grant of 414 Restricted Stock Units, each representing a contingent right to one share of common stock. These 414 units are scheduled to convert into 414 shares of common stock on April 23, 2027, if plan conditions are met. The filing shows no open-market purchases or sales, only awards and conversions.

Positive

  • None.

Negative

  • None.

Insights

Routine director equity awards and RSU vesting with no share sales.

The filing shows Bradley Thede Favreau, a director of MYR Group Inc., receiving and vesting equity as part of the 2017 Long-Term Incentive Plan. He exercised 1,160 Restricted Stock Units into common shares and received a new 414-unit RSU award.

Because there are no open-market buys or sells, this activity looks like standard non-cash compensation rather than a trading signal. After settlement, he directly holds 15,370 common shares and 414 RSUs scheduled to convert into shares on April 23, 2027.

Insider Favreau Bradley Thede
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 — 15,370 shares (Direct, null)
Footnotes (1)
  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.
RSUs exercised 1,160 units Restricted Stock Units vested and settled into common stock on April 24, 2026
Shares after transaction 15,370 shares Common stock directly owned by Bradley Favreau following RSU settlement
New RSU grant 414 units Restricted Stock Units awarded on April 23, 2026 under 2017 Long-Term Incentive Plan
Future share conversion 414 shares Shares to be received when 414 RSUs convert on April 23, 2027
Exercise transactions 1 transaction; 1,160 shares Exercise or conversion of derivative security reported with code M
Acquire transactions 3 transactions All reported actions classified as acquisitions, no dispositions
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..."
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, vested on April 24, 2026..."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock."
Form 4 Insider Transactions: What Each Field Means →
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*
Favreau Bradley Thede
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026		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 Stock04/24/2026M1,160(1)A(1)15,370D
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(2)04/23/2026A414 (2) (2)Common Stock414$0414D
RESTRICTED STOCK UNIT(1)04/24/2026M1,16004/24/2026(1)04/24/2026(1)Common Stock1,160$00D
Explanation of Responses:
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.
2. 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.
Remarks:
/s/ William F. Fry as Attorney-in-Fact for Bradley Thede Favreau04/27/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did MYR Group (MYRG) director Bradley Favreau report?

Bradley Favreau reported equity compensation activity, not open-market trading. 1,160 Restricted Stock Units vested into common stock, and he received a new grant of 414 RSUs that will convert into shares at a future date under the company’s long-term incentive plan.

How many MYR Group common shares does Bradley Favreau hold after this Form 4?

After the RSU vesting, Bradley Favreau directly holds 15,370 shares of MYR Group common stock. This reflects settlement of 1,160 Restricted Stock Units into an equal number of shares, as disclosed, and does not include the 414 unconverted RSUs granted separately.

What happened to the 1,160 Restricted Stock Units reported for MYR Group (MYRG)?

The 1,160 Restricted Stock Units vested on April 24, 2026, under the 2017 Long-Term Incentive Plan and were settled into 1,160 shares of MYR Group common stock on a one-for-one basis, increasing Bradley Favreau’s direct share ownership with no cash purchase or sale involved.

What are the terms of the new 414 Restricted Stock Units for MYR Group’s director?

The 414 Restricted Stock Units granted on April 23, 2026 each represent a contingent right to receive one share of MYR Group common stock. According to the disclosure, these RSUs will convert into 414 shares on April 23, 2027, subject to the long-term incentive plan’s conditions.

Does this MYR Group Form 4 show any insider buying or selling in the market?

No open-market buying or selling is reported. The Form 4 shows an RSU vesting that converted 1,160 units into common shares and a separate grant of 414 new RSUs. All transactions are compensation-related equity awards and conversions, not discretionary market trades in MYR Group stock.

What plan governs the Restricted Stock Units reported for MYR Group (MYRG)?

The Restricted Stock Units were awarded under MYR Group’s 2017 Long-Term Incentive Plan. The footnotes explain that vested RSUs convert into common stock on a one-for-one basis, with the 1,160 units already settled and the 414-unit grant scheduled to convert on April 23, 2027.