CUTILLO JOSEPH A 4

What Happened Joseph A. Cutillo, CEO of Sterling Infrastructure (STRL), was granted 40,000 restricted stock units (reported as an award) on May 20, 2026. The filing shows the units were acquired at $0.00 (transaction code A). These are time‑vested RSUs that will only convert into transferable shares if vesting conditions are met; the award itself is compensation rather than an open‑market purchase.

Key Details

• Transaction date and terms: 2026-05-20 — grant of 40,000 RSUs, $0.00 per share (award, code A).
• Vesting: Footnote F1 — RSUs vest on December 31, 2027 subject to satisfaction of service conditions.
• Restrictions: Footnote F2 — 60,754 shares (as referenced in the filing) are subject to transfer restrictions and potential forfeiture under certain circumstances.
• Shares owned after transaction: Not specified in the provided details.
• Filing timeliness: Not indicated in the provided data.

Context Time‑vested restricted stock units are common executive compensation. They do not represent immediately tradable shares and can be forfeited if the executive leaves before the vest date, so grants like this reflect compensation incentives rather than a direct buy/sell market signal. Transaction code A denotes an award/grant rather than a purchase or sale.