MYRG.NASDAQMyr Group INC

Form 4: MYR Group Insider Sells $670K in Stock

Sentiment:

Insider Transaction Report


Don A. Egan, SVP and COO C&I at MYR Group Inc., sold 2,900 shares of common stock for approximately $676,883 under a Rule 10b5-1 plan.

Summary

  • Don A. Egan, Senior Vice President and Chief Operating Officer of Commercial & Industrial (C&I) at MYR Group Inc. (MYRG), reported two transactions.
  • On November 4, 2025, Mr. Egan sold 1,388 shares of MYR Group Inc. common stock at a price of $234 per share.
  • On the same date, November 4, 2025, Mr. Egan sold an additional 1,512 shares of common stock at a weighted average price of $232.8496 per share.
  • The total number of shares sold across both transactions was 2,900.
  • The total value of the shares sold amounted to approximately $676,883.
  • These transactions were made pursuant to a Rule 10b5-1 plan, which allows insiders to set up a pre-arranged plan to sell company stock.
  • Following these reported transactions, Mr. Egan beneficially owns 5,797 shares of MYR Group Inc. common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a Rule 10b5-1 plan. Such pre-scheduled sales are generally considered neutral events and do not typically reflect a change in management's outlook on the company's performance.

Negatives

  • Insider selling, even under a Rule 10b5-1 plan, can sometimes be perceived negatively by investors as it reduces management's direct equity stake in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction filing and does not provide specific insights into broader industry trends or competitive landscape. It reflects an individual executive's pre-scheduled stock sale.

Stakeholder Impact

  • Shareholders: The sale represents a minor reduction in an executive's direct ownership, which is a routine event for a publicly traded company. Given it's a 10b5-1 plan, it's less likely to signal a change in company prospects.

Key Dates

DateDescription
11/04/2025Date of common stock transactions by Don A. Egan.
11/05/2025Date the Form 4 was signed by William F. Fry as Attorney-in-Fact for Don A. Egan.

Keywords

MYR Group, MYRG, Insider Sale, Form 4, Don A. Egan, 10b5-1 Plan, Common Stock

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