CUTILLO JOSEPH A 4
4 · STERLING INFRASTRUCTURE, INC. · Filed Feb 28, 2025
Insider Transaction Report
Form 4
CUTILLO JOSEPH A
Chief Executive Officer
Transactions
- Award
Common Stock
2025-02-26+62,048→ 488,215 total - Tax Payment
Common Stock
2025-02-26$122.16/sh−23,188$2,832,646→ 465,027 total
Footnotes (3)
- [F1]Represents shares earned with respect to PSUs granted in 2022, and 2023 that have satisfied certain performance conditions.
- [F2]These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.
- [F3]Of these shares, 36,959 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.