MYR GROUP INC.·4

Feb 20, 4:05 PM ET

Huntington Kelly Michelle 4

Research Summary

AI-generated summary

Updated

MYR Group CFO Michelle Huntington Receives Performance Shares; 667 Withheld

What Happened

  • Michelle Huntington, Senior Vice President and CFO of MYR Group (MYRG), had 2,357 performance shares vest on February 18, 2026 (reported on Form 4 filed Feb 20, 2026). The award shows an acquisition of 2,357 shares at $0.00 (vesting of performance shares granted in 2023 for the performance period ended 12/31/2025).
  • To satisfy tax withholding obligations, 667 of those shares were withheld (disposition reported as 667 shares at $260.90 each, totaling $174,020).

Key Details

  • Transaction date: 2026-02-18; Form 4 filed: 2026-02-20.
  • Awarded/vested: 2,357 shares (performance share award).
  • Shares withheld for taxes: 667 shares at $260.90 each = $174,020 (tax withholding/cashless settlement).
  • Footnotes: F1 confirms these shares vested from 2023 performance awards for the period ended 12/31/2025; F2 notes shares were withheld to satisfy tax withholding.
  • Shares owned after transaction: not specified in the provided filing details.
  • Filing timeliness: filed two days after the vesting date; no late-filing flag indicated in the information provided.

Context

  • This was a vesting/award event (not a market buy or sale). The withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a buy or sell decision by the insider.
  • For retail investors, awards are compensation-related and reflect company compensation practices rather than direct insider market sentiment.