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

MYR Group (MYRG) director gains 1,160 shares, receives 414 new RSUs

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

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 Karna Ajoy Hari
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 — 4,130 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. 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. 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.
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
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"
contingent right to receive one share 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*
Karna Ajoy Hari
(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)4,130D
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. 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.
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, 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.
Remarks:
/s/ William F. Fry as Attorney-in-Fact for Ajoy H. Karna04/27/2026
** 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 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.

How many MYR Group (MYRG) shares does Karna Ajoy Hari hold after these transactions?

After the reported transactions, Karna Ajoy Hari directly holds 4,130 shares of MYR Group common stock. This total reflects settlement of 1,160 vested Restricted Stock Units into common shares, with delivery of those shares deferred under the non-employee director 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.