Form 4: MYR Group Director Shirin O'Connor Reports Stock Transactions
SEC Form 4 Filing
Director Shirin O'Connor of MYR Group Inc. reports the vesting and settlement of restricted stock units, as well as the acquisition of additional restricted stock units.
Summary
- On April 24, 2025, Shirin O'Connor, a director of MYR Group Inc., had 668 restricted stock units vest and settle into common stock.
- These units were initially awarded on April 24, 2024, under the company's 2017 Long-Term Incentive Plan.
- O'Connor also acquired 1,160 new restricted stock units, which will convert into common stock on April 24, 2026.
- Following these transactions, O'Connor directly owns 6,060 shares of MYR Group Inc. common stock and 1,160 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, and doesn't inherently indicate positive or negative sentiment.
Future Outlook
The document indicates that 1,160 restricted stock units will convert into common stock on April 24, 2026.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date the initial 668 Restricted Stock Units were awarded. |
| 04/24/2025 | Date of transaction: 668 Restricted Stock Units vested and settled; 1,160 Restricted Stock Units acquired. |
| 04/28/2025 | Date of Form 4 filing. |
| 04/24/2026 | Date the 1,160 Restricted Stock Units will be converted into common stock. |
Keywords
MYR Group Inc., Director, Stock, Restricted Stock Units, Beneficial Ownership, Form 4, O'Connor, MYRG
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