Sterling CEO granted 40,000 restricted shares
CUTILLO JOSEPH A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CUTILLO JOSEPH A reported acquisition or exercise transactions in this Form 4 filing.
Sterling Infrastructure, Inc. Chief Executive Officer Joseph A. Cutillo received a grant of 40,000 shares of common stock in the form of time-vested restricted stock units. These units will vest on December 31, 2027, if specified service conditions are met.
Following this grant, Cutillo directly holds 330,593 shares of common stock. Of this amount, 60,754 shares are subject to restrictions on sale or transfer and may be forfeited under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the grant of time-vested restricted stock units that will vest on December 31, 2027, provided the service conditions are satisfied.
- F2. Of these shares, 60,754 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.
Key Figures
Key Terms
restricted stock units financial
time-vested financial
forfeiture financial
FAQ
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What did STRL CEO Joseph Cutillo report in this Form 4 filing?
When do Joseph Cutillo’s newly granted STRL restricted stock units vest?
Was this STRL insider transaction an open-market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.