MYR Group (MYRG) CFO exercises RSUs and withholds shares to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYR Group Inc. Senior VP and CFO Kelly Michelle Huntington reported routine equity compensation activity. Over March 21–23, she exercised Restricted Stock Units into 1,953 shares of common stock and received a new grant of 1,202 Restricted Stock Units under the 2017 Long-Term Incentive Plan.
To cover tax withholding on the RSU vesting, the company withheld 827 shares of common stock at prices of 259.68 and 274.39 per share, classified as tax-withholding dispositions rather than open-market sales. Following these transactions, she directly holds 6,691 shares of MYR Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,953 shares exercised/converted
Mixed
10 txns
Insider
Huntington Kelly Michelle
Role
Senior VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 732 | $0.00 | -- |
| Grant/Award | RESTRICTED STOCK UNIT | 1,202 | $0.00 | -- |
| Exercise | Common Stock | 732 | $0.00 | -- |
| Tax Withholding | Common Stock | 310 | $274.39 | $85K |
| Exercise | RESTRICTED STOCK UNIT | 434 | $0.00 | -- |
| Exercise | Common Stock | 434 | $0.00 | -- |
| Tax Withholding | Common Stock | 184 | $259.68 | $48K |
| Exercise | RESTRICTED STOCK UNIT | 787 | $0.00 | -- |
| Exercise | Common Stock | 787 | $0.00 | -- |
| Tax Withholding | Common Stock | 333 | $259.68 | $86K |
Holdings After Transaction:
RESTRICTED STOCK UNIT — 0 shares (Direct);
Common Stock — 7,001 shares (Direct)
Footnotes (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.
FAQ
What insider transactions did MYR Group (MYRG) report for its CFO?
MYR Group’s Senior VP and CFO Kelly Michelle Huntington exercised Restricted Stock Units into 1,953 common shares and received 1,202 new RSUs. Shares were also withheld to satisfy tax obligations tied to these equity awards.
What new equity award did the MYR Group (MYRG) CFO receive?
The CFO received a grant of 1,202 Restricted Stock Units under MYR Group’s 2017 Long-Term Incentive Plan. Each RSU represents a contingent right to one common share and vests ratably over three years beginning on the first anniversary of the grant date.
Over what period did the MYR Group (MYRG) CFO’s RSU exercises occur?
The RSU exercises and related common stock entries occurred on March 21, March 22, and March 23, 2026. These events reflect scheduled vesting of prior RSU awards granted in 2023, 2024, and 2025 under MYR Group’s long-term incentive plan.