RONALD A. BALLSCHMIEDE - 26 Feb 2025 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Role
EVP
Signature
Sharon R. Villaverde (Under a Power of Attorney)
Issuer symbol
STRL
Transactions as of
26 Feb 2025
Net transactions value
-$978,990
Form type
4
Filing time
28 Feb 2025, 16:16:44 UTC
Previous filing
03 Jan 2025
Next filing
13 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRL Common Stock Award $0 +20,280 +8.3% $0.000000 264,883 26 Feb 2025 Direct F1
transaction STRL Common Stock Tax liability $978,990 -8,014 -3% $122.16 256,869 26 Feb 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares earned with respect to PSUs granted in 2022, 2023, and 2024 that have satisfied certain performance conditions.
F2 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.
F3 Of these shares, 7,188 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.