Form 4: MYR Group SVP, CLO and Secretary William Fry Reports Stock Transactions

William Fry, SVP, CLO and Secretary of MYR Group Inc., reports acquisition of 1,943 shares and disposal of 603 shares of common stock on February 19, 2025.

Summary

• On February 19, 2025, William Fry, SVP, CLO and Secretary of MYR Group Inc., acquired 1,943 shares of common stock due to the vesting of performance share awards granted in 2022.
• Fry also disposed of 603 shares of common stock to satisfy tax withholding obligations related to the vesting of these performance shares.
• Following these transactions, Fry directly owns 13,655 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. The vesting of performance shares is a slightly positive sign, but the tax withholding is a neutral event.

Positives

• The vesting of performance share awards suggests that performance goals were met, which is a positive indicator for the company.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at MYR Group Inc.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider trading activity related to compensation.

Key Dates

Keywords

MYR Group Inc., William Fry, stock transaction, Form 4, performance shares, vesting, tax withholding, beneficial ownership