Kenneth Michael Hartwick - Apr 24, 2025 Form 4 Insider Report for MYR GROUP INC. (MYRG)

Role
Director
Signature
/s/ William F. Fry as Attorney-in-Fact for Kenneth Michael Hartwick
Stock symbol
MYRG
Transactions as of
Apr 24, 2025
Transactions value $
-$202,178
Form type
4
Date filed
4/28/2025, 04:05 PM
Previous filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYRG Common Stock Options Exercise +972 +4.24% 23.9K Apr 24, 2025 Direct F1
transaction MYRG Common Stock Tax liability -$202K -1.64K -6.85% $123.43 22.3K Apr 25, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MYRG RESTRICTED STOCK UNIT Options Exercise $0 -972 -100% $0.00 0 Apr 24, 2025 Common Stock 972 Direct F1
transaction MYRG RESTRICTED STOCK UNIT Award $0 +1.66K $0.00 1.66K Apr 24, 2025 Common Stock 1.66K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Restricted Stock Units, which were awarded on April 24, 2024 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vested on April 24, 2025 and were settled in shares of the Issuer's common stock on a one-for-one basis. The payment of such shares has been deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.
F2 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. Restricted Stock Units will be converted into 1,657 shares of the Issuer's common stock on April 24, 2026, and the payment of such shares will be deferred in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.
F3 Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the deferred payment of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan that vested on April 25, 2020, in accordance with the Reporting Person's election pursuant to the Issuer's non-employee director deferral program.