MYR Group CFO exercises RSUs, withholds shares for tax
MYR Group Inc. Senior VP and CFO Kelly Michelle Huntington reported routine equity compensation activity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RESTRICTED STOCK UNIT | 732 | $0.00 | $0.00 |
| Grant/Award | RESTRICTED STOCK UNIT | 1,202 | $0.00 | $0.00 |
| Exercise | Common Stock | 732 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 310 | $274.39 | $85K |
| Exercise | RESTRICTED STOCK UNIT | 434 | $0.00 | $0.00 |
| Exercise | Common Stock | 434 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 184 | $259.68 | $48K |
| Exercise | RESTRICTED STOCK UNIT | 787 | $0.00 | $0.00 |
| Exercise | Common Stock | 787 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 333 | $259.68 | $86K |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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
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What insider transactions did MYR Group (MYRG) report for its CFO?
What new equity award did the MYR Group (MYRG) CFO receive?
Over what period did the MYR Group (MYRG) CFO’s RSU exercises occur?
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