Form 4: Sterling Infrastructure CFO Villaverde Sells Shares to Cover Tax Obligations

Sharon Villaverde, CFO & CAO of Sterling Infrastructure, sold 1,116 shares of common stock on March 4, 2025, to cover tax withholding requirements related to the release of restricted stock units.

Summary

• On March 4, 2025, Sharon Villaverde, the CFO & CAO of Sterling Infrastructure, Inc. (STRL), disposed of 1,116 shares of common stock.
• The transaction was executed to satisfy the company's tax withholding requirements arising from the release of restricted stock units.
• The shares were retained by the company at a price of $122.28 per share.
• Following the transaction, Villaverde directly owns 10,434 shares of Sterling Infrastructure, Inc., 8,239 of which are subject to restrictions on their sale or transfer.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction is related to tax obligations and not necessarily indicative of the CFO's view on the company's future prospects.

Industry Context

Form 4 filings are a routine part of insider trading activity and are used to ensure transparency in the market. This transaction is related to tax obligations and is not necessarily indicative of a change in sentiment by the CFO.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small percentage of the outstanding shares.

Key Dates

Keywords

Sterling Infrastructure, STRL, Sharon Villaverde, CFO, Form 4, Share Sale, Restricted Stock Units, Tax Withholding