Executive at MYR Group (MYRG) exercises RSUs and receives new award

Rhea-AI Filing Summary

MYR Group Inc. executive William Fry, SVP, CLO and Secretary, reported routine equity compensation activity involving restricted stock units and common shares. Over March 21–23, 2026, he exercised vested restricted stock units into a total of 1,565 shares of common stock at a conversion price of $0 per share, reflecting settlement of prior awards under the company’s 2017 Long-Term Incentive Plan on a one-for-one basis. In connection with these vestings, the company withheld 680 shares of common stock, at prices shown in the filing, solely to cover tax withholding obligations, which is not an open-market sale. Fry also received a new grant of 984 restricted stock units that vest ratably over three years beginning on the first anniversary of the grant date. After these transactions, he directly holds 16,843 shares of MYR Group common stock, plus 984 restricted stock units that represent contingent rights to receive additional shares as they vest.

Insider Trade Summary

1,565 shares exercised/converted

Mixed 10 txns

Insider FRY WILLIAM

Role SVP, CLO and Secretary

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNIT	549	$0.00	--
Grant/Award	RESTRICTED STOCK UNIT	984	$0.00	--
Exercise	Common Stock	549	$0.00	--
Tax Withholding	Common Stock	241	$274.39	$66K
Exercise	RESTRICTED STOCK UNIT	347	$0.00	--
Exercise	Common Stock	347	$0.00	--
Tax Withholding	Common Stock	152	$259.68	$39K
Exercise	RESTRICTED STOCK UNIT	669	$0.00	--
Exercise	Common Stock	669	$0.00	--
Tax Withholding	Common Stock	287	$259.68	$75K

Holdings After Transaction: RESTRICTED STOCK UNIT — 0 shares (Direct); Common Stock — 17,084 shares (Direct)

Footnotes (1)

1. These Restricted Stock Units, which were awarded on March 21, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years 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. These Restricted Stock Units, which were awarded on March 22, 2024 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis. These Restricted Stock Units, which were awarded on March 23, 2023 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years 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. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

FRY WILLIAM

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CLO and Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/21/2026		M		669(1)	A	$0(1)	16,627	D
Common Stock	03/21/2026		F		287(2)	D	$259.68	16,340	D
Common Stock	03/22/2026		M		347(3)	A	$0(3)	16,687	D
Common Stock	03/22/2026		F		152(2)	D	$259.68	16,535	D
Common Stock	03/23/2026		M		549(4)	A	$0(4)	17,084	D
Common Stock	03/23/2026		F		241(2)	D	$274.39	16,843	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RESTRICTED STOCK UNIT	(1)	03/21/2026		M			669	03/21/2026(1)	03/21/2026(1)	Common Stock	669	$0	1,338	D
RESTRICTED STOCK UNIT	(3)	03/22/2026		M			347	03/22/2026(3)	03/22/2026(3)	Common Stock	347	$0	348	D
RESTRICTED STOCK UNIT	(4)	03/23/2026		M			549	03/23/2026(4)	03/23/2026(4)	Common Stock	549	$0	0	D
RESTRICTED STOCK UNIT	(5)	03/23/2026		A		984		(5)	(5)	Common Stock	984	$0	984	D

Explanation of Responses:

1. These Restricted Stock Units, which were awarded on March 21, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.

2. 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.

3. These Restricted Stock Units, which were awarded on March 22, 2024 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.

4. These Restricted Stock Units, which were awarded on March 23, 2023 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.

5. 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. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.

Remarks:

	/s/ William F. Fry	03/24/2026
	** Signature of Reporting Person	Date
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)

FAQ

What did MYR Group (MYRG) executive William Fry report in this Form 4?

He reported routine equity compensation activity, including settlement of vested restricted stock units into 1,565 common shares, tax withholding through 680 shares, and a new grant of 984 restricted stock units vesting over three years.

Did William Fry buy or sell MYR Group (MYRG) shares on the open market?

No open-market purchases or sales were reported. The filing shows exercises of restricted stock units into common stock and shares withheld by the company to cover tax obligations, which are not discretionary market trades.

How many MYR Group (MYRG) shares does William Fry hold after these transactions?

Following the reported transactions, William Fry directly owns 16,843 shares of MYR Group common stock. He also holds 984 restricted stock units, which can convert into common shares as they vest over the three-year schedule.

What restricted stock unit grants are described for MYR Group (MYRG) executive William Fry?

The filing describes restricted stock units awarded under MYR Group’s 2017 Long-Term Incentive Plan, including past awards from March 2023, March 2024, and March 2025 that vested and settled one-for-one into shares, plus a new 984-unit grant vesting ratably over three years.

Why were some MYR Group (MYRG) shares classified as dispositions in William Fry’s Form 4?

The dispositions reflect 680 shares withheld by MYR Group to satisfy tax withholding obligations tied to vesting restricted stock units. These F-code transactions pay required taxes and do not represent open-market sales or discretionary reductions in his investment.

What is the significance of the exercise transactions in MYR Group (MYRG) executive William Fry’s Form 4?

The M-code transactions show 1,565 restricted stock units converting into common shares at a $0 exercise price, indicating routine vesting and settlement of long-term incentive awards rather than new cash purchases or sales in the market.