STOCK TITAN

MYR Group (MYRG) director has 1,786 shares withheld for tax obligations

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

Rhea-AI Filing Summary

MYR Group Inc. director Kenneth Michael Hartwick reported a routine tax-related share disposition. On April 27, 1,786 shares of common stock were withheld at $346.37 per share to satisfy tax withholding obligations tied to previously granted Restricted Stock Units under the 2017 Long-Term Incentive Plan. Following this non-market transaction, he directly holds 22,131 MYR Group shares.

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Insider Hartwick Kenneth Michael
Role null
Type Security Shares Price Value
Tax Withholding Common Stock 1,786 $346.37 $619K
Holdings After Transaction: Common Stock — 22,131 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,786 shares Common Stock withheld for tax obligations on 2026-04-27
Withholding price per share $346.37 per share Value used for tax-withholding disposition
Shares owned after transaction 22,131 shares Direct MYR Group holdings following tax withholding
Tax-withholding transactions 1 transaction, 1,786 shares Form 4 transactionSummary for code F
Restricted Stock Units financial
"deferred payment of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan"
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.
tax withholding obligations financial
"shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the deferred payment"
2017 Long-Term Incentive Plan financial
"Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan that vested on April 27, 2021"
non-employee director deferral program financial
"in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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*
Hartwick Kenneth Michael

(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)
04/27/2026
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 Stock04/27/2026F1,786(1)D$346.3722,131D
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
Explanation of Responses:
1. Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the deferred payment of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan that vested on April 27, 2021, 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 Kenneth Michael Hartwick04/29/2026
** 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)

FAQ

What insider transaction did MYR Group (MYRG) director Kenneth Hartwick report?

Kenneth Hartwick reported a tax-withholding disposition of 1,786 MYR Group common shares. The shares were withheld by the company to cover tax obligations related to vested Restricted Stock Units under its 2017 Long-Term Incentive Plan.

Was the MYR Group (MYRG) insider transaction an open-market sale of shares?

No, the filing describes a tax-withholding event, not an open-market sale. Shares were withheld by MYR Group to pay tax liabilities on vested Restricted Stock Units, a routine administrative transaction rather than a discretionary stock sale.

How many MYR Group (MYRG) shares were involved in the tax withholding event?

The transaction covered 1,786 common shares of MYR Group. These shares were withheld at a price of $346.37 per share to satisfy tax withholding obligations connected to deferred payment of previously vested Restricted Stock Units.

How many MYR Group (MYRG) shares does Kenneth Hartwick hold after this transaction?

After the tax-withholding disposition, Kenneth Hartwick directly owns 22,131 MYR Group shares. This figure reflects his remaining direct holdings following the withholding of 1,786 shares to cover tax obligations related to his equity compensation.

What equity awards triggered the MYR Group (MYRG) tax-withholding disposition?

The disposition stems from Restricted Stock Units granted under MYR Group’s 2017 Long-Term Incentive Plan. These RSUs vested on April 27, 2021, and were deferred under the non-employee director deferral program, leading to tax withholding when paid in shares.

What does transaction code "F" mean in the MYR Group (MYRG) Form 4 filing?

Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this MYR Group filing, it reflects shares withheld to satisfy tax withholding obligations, rather than a voluntary purchase or sale in the open market.