MYR Group (MYRG) director gains 1,160 shares, receives 414 new RSUs
Rhea-AI Filing Summary
MYR Group Inc. director Karna Ajoy Hari reported compensation-related equity activity, not open-market trading. On April 24, 2026, 1,160 Restricted Stock Units vested and were converted into 1,160 shares of common stock on a one-for-one basis, increasing direct ownership to 4,130 shares. Delivery of these shares has been deferred under the company’s non-employee director deferral program.
Separately, on April 23, 2026, Hari received a grant of 414 Restricted Stock Units under the 2017 Long-Term Incentive Plan. Each unit represents a contingent right to one common share and will be converted into 414 shares on April 23, 2027, with payment also deferred under the same director deferral program.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,160 shares
Net Buy
3 txns
Insider
Karna Ajoy Hari
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 1,160 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,160 | $0.00 | $0.00 |
| Grant/Award | RESTRICTED STOCK UNIT | 414 | $0.00 | $0.00 |
Holdings After Transaction:
RESTRICTED STOCK UNIT — 414 shares (Direct);
Common Stock — 4,130 shares (Direct)
Footnotes (2)
- F1. 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. The payment of such shares has been deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.
- F2. 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, and the payment of such shares will be deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.
Key Figures
RSUs vested and converted: 1,160 units/shares
Shares owned after transaction: 4,130 shares
New RSU grant: 414 units
+1 more
4 metrics
RSUs vested and converted
1,160 units/shares
Restricted Stock Units vested and settled on April 24, 2026
Shares owned after transaction
4,130 shares
Common stock directly held after April 24, 2026 settlement
New RSU grant
414 units
Restricted Stock Units granted on April 23, 2026
Future RSU conversion
414 shares
RSUs scheduled to convert into common shares on April 23, 2027
Key Terms
Restricted Stock Units, 2017 Long-Term Incentive Plan, non-employee director deferral program, contingent right to receive one share
4 terms
Restricted Stock Units financial
"These Restricted Stock Units, which were awarded on April 24, 2025"
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.
2017 Long-Term Incentive Plan financial
"awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan"
non-employee director deferral program financial
"deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Karna Ajoy Hari report at MYR Group (MYRG)?
Karna Ajoy Hari reported only equity awards and vesting events. 1,160 Restricted Stock Units vested into 1,160 MYR Group common shares, and a separate grant of 414 Restricted Stock Units was awarded, all under the company’s 2017 Long-Term Incentive Plan and deferral program.
What happened to the 1,160 Restricted Stock Units reported by MYR Group (MYRG)?
The 1,160 Restricted Stock Units were awarded on April 24, 2025, vested on April 24, 2026, and were settled into 1,160 MYR Group common shares on a one-for-one basis. Payment of those shares is deferred under the company’s non-employee director deferral program.
What are the terms of the new 414 Restricted Stock Units at MYR Group (MYRG)?
Each of the 414 Restricted Stock Units represents a contingent right to receive one MYR Group common share. These units will be converted into 414 common shares on April 23, 2027, with payment deferred under the non-employee director deferral program elected by the reporting person.
Were there any open-market stock purchases or sales by Karna Ajoy Hari in this MYR Group (MYRG) filing?
No open-market purchases or sales were reported. All Form 4 entries involve vesting and settlement of Restricted Stock Units or a new Restricted Stock Unit grant under MYR Group’s 2017 Long-Term Incentive Plan, with share delivery deferred under the non-employee director deferral program.