Form 4: Sterling Infrastructure Director Roger A. Cregg Acquires Shares as Part of Director Compensation
SEC Form 4 Filing
Director Roger A. Cregg acquired 1,074 shares of Sterling Infrastructure, Inc. as part of the company's standard director compensation arrangements.
Summary
- On May 9, 2024, Roger A. Cregg, a director of Sterling Infrastructure, Inc. (STRL), acquired 1,074 shares of common stock.
- The acquisition was part of the company's standard director compensation arrangements for non-employee directors.
- Following the transaction, Cregg directly owns 44,401 shares of Sterling Infrastructure, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, indicating confidence in the company's future.
Positives
- The acquisition of shares by a director demonstrates alignment with shareholder interests.
Industry Context
Director share acquisitions are a common practice in publicly traded companies as part of compensation packages to align the interests of directors with those of shareholders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Roger A. Cregg acquired 1,074 shares of Sterling Infrastructure, Inc. |
| 05/10/2024 | Date of signature: Ronald A. Ballschmiede signed the report under Power of Attorney. |
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