MYR Group (MYRG) CEO gains stock from RSUs, uses shares for taxes

Rhea-AI Filing Summary

MYR Group Inc. President and CEO Richard S. Swartz Jr. reported routine equity compensation activity over March 21–23, 2026. Restricted stock units previously granted under the 2017 Long-Term Incentive Plan vested and were settled one-for-one into common shares through several option-style exercises.

Across these dates, he acquired a total of 7,965 shares of common stock through derivative exercises, while 3,486 shares were withheld at prices of 259.68 and 274.39 per share to cover tax obligations. After these transactions, he directly holds 160,238 shares of MYR Group common stock.

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

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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^*

Swartz Richard S. Jr.

(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)
	President and CEO

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		3,021(1)	A	$0(1)	161,560	D
Common Stock	03/21/2026		F		1,322(2)	D	$259.68	160,238	D
Common Stock	03/22/2026		M		1,905(3)	A	$0(3)	162,143	D
Common Stock	03/22/2026		F		834(2)	D	$259.68	161,309	D
Common Stock	03/23/2026		M		3,039(4)	A	$0(4)	164,348	D
Common Stock	03/23/2026		F		1,330(2)	D	$274.39	163,018	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			3,021	03/21/2026(1)	03/21/2026(1)	Common Stock	3,021	$0	6,042	D
RESTRICTED STOCK UNIT	(3)	03/22/2026		M			1,905	03/22/2026(3)	03/22/2026(3)	Common Stock	1,905	$0	1,905	D
RESTRICTED STOCK UNIT	(4)	03/23/2026		M			3,039	03/23/2026(4)	03/23/2026(4)	Common Stock	3,039	$0	0	D
RESTRICTED STOCK UNIT	(5)	03/23/2026		A		4,482		(5)	(5)	Common Stock	4,482	$0	4,482	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 as Attorney-in-Fact for Richard S. Swartz, Jr.	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 insider transactions did MYR Group (MYRG) report for its CEO?

MYR Group reported routine equity compensation activity for its CEO. Richard S. Swartz Jr. had restricted stock units vest and convert into common stock, with a portion of shares withheld to cover tax obligations, reflecting standard long-term incentive plan mechanics.

How many MYR Group shares did the CEO acquire through RSU vesting?

The CEO acquired 7,965 MYR Group common shares through RSU exercises. These shares came from restricted stock units that vested between March 21 and March 23, 2026, and were settled on a one-for-one basis into the company’s common stock.

How many MYR Group shares were withheld for the CEO’s taxes?

A total of 3,486 MYR Group shares were withheld for tax obligations. The company withheld 1,322 and 834 shares at 259.68, and 1,330 shares at 274.39 per share in connection with RSU vesting under the long-term incentive plan.

What is Richard S. Swartz Jr.’s MYR Group shareholding after these Form 4 transactions?

After the reported transactions, the CEO holds 160,238 MYR Group shares. This figure represents his direct ownership of the company’s common stock following RSU vesting, derivative exercises, and related tax-withholding share dispositions in March 2026.

Were the MYR Group CEO’s Form 4 transactions open-market buys or sales?

The transactions were not open-market buys or sales. They involved exercises of restricted stock units into common shares and share dispositions solely to satisfy tax withholding obligations, which are standard, non-discretionary components of equity compensation programs.

What plan governs the MYR Group CEO’s restricted stock unit awards?

The CEO’s restricted stock units were granted under MYR Group’s 2017 Long-Term Incentive Plan. The awards vest ratably over three years and each unit converts into one share of common stock upon vesting, reflecting the company’s equity-based compensation structure.