Form 4: MYR Group Director Donald C.I. Lucky Reports Stock Transaction
SEC Form 4 Filing
Director Donald C.I. Lucky of MYR Group Inc. reports the vesting and settlement of restricted stock units into common stock shares on April 20, 2024.
Summary
- On April 20, 2024, Donald C.I. Lucky, a director of MYR Group Inc., had 877 restricted stock units vest.
- These units were awarded on April 20, 2023, under the company's 2017 Long-Term Incentive Plan.
- The vested units were settled into 877 shares of MYR Group's common stock on a one-for-one basis.
- Following the transaction, Lucky directly owns 18,980 shares of MYR Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and carries a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction affects the director's holdings in the company, which is of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/20/2023 | Restricted Stock Units were awarded to Donald C.I. Lucky under the Issuer's 2017 Long-Term Incentive Plan. |
| 04/20/2024 | Restricted Stock Units vested and were settled into common stock. |
| 04/22/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.