MYR Group (MYRG) director acquires 1,160 shares via RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYR Group Inc. director Jennifer Elaine Lowry reported compensation-related equity activity. On April 24, 2026, she exercised 1,160 Restricted Stock Units into 1,160 shares of common stock, increasing her direct holdings to 11,819 shares. Payment of these shares is deferred under the non-employee director deferral program.
On April 23, 2026, she also received a grant of 414 new Restricted Stock Units under the 2017 Long-Term Incentive Plan. Each unit represents a contingent right to one share of common stock, scheduled to convert into 414 shares on April 23, 2027, with payment likewise deferred under the director deferral program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,160 shares exercised/converted
Mixed
3 txns
Insider
Lowry Jennifer Elaine
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 — 11,819 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. 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.
Key Figures
RSUs exercised: 1,160 shares
Shares held after exercise: 11,819 shares
New RSU grant: 414 units
+1 more
4 metrics
RSUs exercised
1,160 shares
Restricted Stock Units converted into common stock on April 24, 2026
Shares held after exercise
11,819 shares
Common stock directly owned following April 24, 2026 transactions
New RSU grant
414 units
Restricted Stock Units awarded on April 23, 2026
RSU conversion date
April 23, 2027
414 Restricted Stock Units will be converted into common shares
Key Terms
Restricted Stock Unit, 2017 Long-Term Incentive Plan, non-employee director deferral program, derivative security
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
"These Restricted Stock Units, which were awarded on April 24, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan"
non-employee director deferral program financial
"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."
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.
FAQ
What insider transactions did MYR Group (MYRG) director Jennifer Lowry report?
Jennifer Lowry reported equity compensation activity, not open-market trading. She exercised 1,160 Restricted Stock Units into common shares and received a new grant of 414 Restricted Stock Units, all under MYR Group’s long-term incentive and non-employee director deferral programs.
What are the terms of Jennifer Lowry’s new 414 MYR Group Restricted Stock Units?
The 414 Restricted Stock Units each represent a contingent right to receive one MYR Group common share. They will convert into 414 shares on April 23, 2027, with the payment of those shares deferred under the company’s non-employee director deferral program.
Were Jennifer Lowry’s MYR Group transactions open-market buys or sells?
No, the transactions were not open-market buys or sells. They involved the exercise of previously awarded Restricted Stock Units into common stock and a new grant of Restricted Stock Units as part of MYR Group’s 2017 Long-Term Incentive Plan for directors.
What is the MYR Group 2017 Long-Term Incentive Plan mentioned in this Form 4?
The 2017 Long-Term Incentive Plan is MYR Group’s equity compensation program under which Restricted Stock Units were granted to director Jennifer Lowry. These units convert into common shares on a one-for-one basis, with settlement timing influenced by the director deferral program elections.