MYR Group Inc. SEC filings document the company's specialty electrical construction business, including results from its Transmission and Distribution and Commercial and Industrial segments. Recent 8-K filings furnish quarterly and annual earnings releases, operating metrics, backlog discussion, and Regulation FD investor presentation materials.
The company's proxy and annual meeting filings cover board elections, executive compensation matters, shareholder voting results, and related governance disclosures. These regulatory records also identify MYR Group as a public holding company serving electric utility infrastructure, commercial, and industrial construction markets in the United States and Canada.
MYR Group Inc. reported strong first-quarter 2026 results, with revenue of $1.00 billion, up $166.8 million from the prior year. Both Transmission & Distribution and Commercial & Industrial segments grew, reaching $541.0 million and $459.4 million in revenue, respectively.
Gross profit rose to $134.4 million as gross margin expanded to 13.4% from 11.6%, helped by higher-margin projects, favorable change orders and strong project closeouts. Net income more than doubled to $46.8 million, or $2.99 per diluted share, and EBITDA increased to a record $81.5 million.
Backlog reached a record $2.84 billion as of March 31, 2026, up $203.3 million, or 7.7%, year over year. The company ended the quarter with $163.2 million in cash and cash equivalents and $460.5 million of availability on its $490 million revolver, while generating free cash flow of $68.6 million.
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.
MYR Group Inc. held its Annual Meeting of Stockholders on April 23, 2026, where stockholders elected eight director nominees to one-year terms expiring at the 2027 annual meeting. Each nominee, including Richard S. Swartz with 13,026,495 votes for and 48,271 against, received strong support.
Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 12,772,638 votes for and 292,375 against. In addition, they ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 13,581,449 votes for and 80,874 against.
MYR Group director Donald C.I. Lucky reported routine equity compensation activity. On April 24, 2026, 1,160 Restricted Stock Units vested and were settled into the same number of MYR Group common shares. Of these, 554 shares were withheld at $339.28 per share to cover tax obligations, leaving a larger direct shareholding of 20,808 shares. On April 23, 2026, he also received a new award of 414 Restricted Stock Units that are scheduled to convert into 414 common shares on April 23, 2027.
MYR Group Inc. director Richard Aurelie Pascale received a grant of 414 Restricted Stock Units as equity compensation. Each unit represents a contingent right to receive one share of MYR Group common stock. These 414 units are scheduled to convert into 414 common shares on April 23, 2027.
MYR Group Inc. director Karna Ajoy Hari reported compensation-related equity activity, not open-market trading. On April 24, 2026, 1,160 Restricted Stock Units vested and were converted into 1,160 shares of common stock on a one-for-one basis, increasing direct ownership to 4,130 shares. Delivery of these shares has been deferred under the company’s non-employee director deferral program.
Separately, on April 23, 2026, Hari received a grant of 414 Restricted Stock Units under the 2017 Long-Term Incentive Plan. Each unit represents a contingent right to one common share and will be converted into 414 shares on April 23, 2027, with payment also deferred under the same director deferral program.
MYR Group Inc. director Bradley Thede Favreau reported compensation-related equity activity. On April 24, 2026, 1,160 Restricted Stock Units vested under the company’s 2017 Long-Term Incentive Plan and were settled into 1,160 shares of common stock on a one-for-one basis, bringing his direct holdings to 15,370 shares.
Separately, on April 23, 2026, he received a grant of 414 Restricted Stock Units, each representing a contingent right to one share of common stock. These 414 units are scheduled to convert into 414 shares of common stock on April 23, 2027, if plan conditions are met. The filing shows no open-market purchases or sales, only awards and conversions.
MYR Group Inc. director Kenneth Michael Hartwick reported routine equity compensation activity. On April 24, 2026, 1,657 Restricted Stock Units granted under the 2017 Long-Term Incentive Plan vested and were settled into an equal number of common shares, with payment deferred under the non-employee director deferral program.
Hartwick also received a new award of 591 Restricted Stock Units, each representing a contingent right to one common share. These units are scheduled to convert into 591 shares on April 23, 2027, with payment likewise deferred. Following these transactions, he directly holds 23,917 shares of MYR Group common stock.
MYR Group Inc. director Shirin O'Connor reported equity compensation activity involving Restricted Stock Units and common stock. On April 24, 2026, 1,160 Restricted Stock Units granted under the 2017 Long-Term Incentive Plan vested and were settled into 1,160 shares of common stock on a one-for-one basis.
After this settlement, O'Connor held 7,220 shares of MYR Group common stock directly. On April 23, 2026, she also received a grant of 414 Restricted Stock Units, each representing a contingent right to receive one share of common stock, scheduled to convert into 414 shares on April 23, 2027.
MYR Group Inc. director Jennifer Elaine Lowry reported compensation-related equity activity. On April 24, 2026, she exercised 1,160 Restricted Stock Units into 1,160 shares of common stock, increasing her direct holdings to 11,819 shares. Payment of these shares is deferred under the non-employee director deferral program.
On April 23, 2026, she also received a grant of 414 new Restricted Stock Units under the 2017 Long-Term Incentive Plan. Each unit represents a contingent right to one share of common stock, scheduled to convert into 414 shares on April 23, 2027, with payment likewise deferred under the director deferral program.