RONALD A. BALLSCHMIEDE - 31 Dec 2023 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Role: EVP & CFO
Signature: Ronald A. Ballschmiede
Issuer symbol: STRL
Transactions as of: 31 Dec 2023
Transactions value $: -$492,584
Form type: 4
Filing time: 03 Jan 2024, 17:51:06 UTC
Previous filing: 22 Jun 2023
Next filing: 04 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRL	Common Stock	Tax liability	-$493K	-5.6K	-2.05%	$87.93	267K	31 Dec 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.
F2	The total share ownership includes 738 shares acquired under the Company's 2019 Employee Stock Purchase Plan.

Content

These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.

The total share ownership includes 738 shares acquired under the Company's 2019 Employee Stock Purchase Plan.