MYRG.NASDAQMyr Group INC

Form 4: MYR Group SVP and COO Don A. Egan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Don A. Egan, SVP and COO of MYR Group Inc., reports acquisition of 755 shares and disposal of 258 shares to cover tax obligations.

Summary

  • Don A. Egan, SVP and COO of MYR Group Inc., filed a Form 4 on February 21, 2025.
  • On February 19, 2025, Egan acquired 755 shares of common stock upon vesting of performance share awards granted in 2022 for the performance period ended December 31, 2024.
  • Also on February 19, 2025, Egan disposed of 258 shares of common stock at a price of $135.07 to satisfy tax withholding obligations.
  • Following these transactions, Egan beneficially owns 7,917 shares of MYR Group Inc. common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine stock transactions related to executive compensation.

Positives

  • The vesting of performance share awards indicates that performance goals were met, which is a positive signal.

Future Outlook

There is no future outlook provided in this document.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect executive compensation and ownership changes.

Key Dates

DateDescription
2022Performance share awards granted.
December 31, 2024Performance period end date for share awards.
February 19, 2025Date of stock acquisition and disposal.
February 21, 2025Date of Form 4 filing.

Keywords

MYR Group Inc., Don A. Egan, Form 4, Stock Transaction, Beneficial Ownership, Vesting, Performance Shares, Tax Withholding

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