Form 4: MYR Group SVP and COO Don A. Egan Reports Stock Transactions
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
| Date | Description |
|---|---|
| 2022 | Performance share awards granted. |
| December 31, 2024 | Performance period end date for share awards. |
| February 19, 2025 | Date of stock acquisition and disposal. |
| February 21, 2025 | Date 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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