Huntington Kelly Michelle 4
4 · MYR GROUP INC. · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
MYR Group (MYRG) CFO Michelle Huntington Receives Shares, Sells for Taxes
What Happened
- Michelle Huntington, Senior Vice President and Chief Financial Officer of MYR Group (MYRG), had restricted stock units (RSUs) vest and be settled into common shares across March 21–23, 2026 and also received a new RSU grant. She received a total of 3,155 shares (787 on 3/21, 434 on 3/22, 732 on 3/23, plus a 1,202-share grant on 3/23). To satisfy tax withholding obligations, 827 shares were withheld (333 on 3/21, 184 on 3/22, 310 on 3/23) for total withholding value of approximately $219,315 (breakdown: $86,473; $47,781; $85,061).
- These transactions reflect RSU vesting/settlement and routine tax withholding (not open-market selling for investment purposes). Some Form 4 lines record conversion of derivatives (RSUs converting into shares) at $0 and the withholding disposals under code F.
Key Details
- Transaction dates and prices:
- 2026-03-21: 787 RSUs converted to 787 shares (M); 333 shares withheld at $259.68 each ($86,473) (F).
- 2026-03-22: 434 RSUs converted to 434 shares (M); 184 shares withheld at $259.68 each ($47,781) (F).
- 2026-03-23: 732 RSUs converted to 732 shares (M); 310 shares withheld at $274.39 each ($85,061) (F).
- 2026-03-23: Grant of 1,202 RSUs (A) (vest schedule per plan).
- Totals: 3,155 shares acquired/issued; 827 shares withheld for taxes; withholding proceeds ≈ $219,315.
- Shares owned after the transactions: not disclosed in the provided filing.
- Footnotes: RSUs awarded under the Issuer’s 2017 Long‑Term Incentive Plan and vest ratably over three years (footnotes F1–F5). Withholding entries (F) represent shares surrendered to satisfy tax withholding.
- Filing timeliness: Form 4 was filed 2026-03-24 for transactions dated 3/21–3/23/2026 — the filing appears timely.
Context
- These were RSU vesting and settlement events, with shares withheld to cover tax obligations (a routine, cashless method). The derivative (M) entries reflect conversion/settlement of RSUs into common stock, not an open-market sale. Routine tax-withholding disposals generally do not signal the insider’s view on the company.
Insider Transaction Report
Form 4
MYR GROUP INC.MYRG
Huntington Kelly Michelle
Senior VP and CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-21+787→ 6,352 total - Tax Payment
Common Stock
[F2]2026-03-21$259.68/sh−333$86,473→ 6,019 total - Exercise/Conversion
Common Stock
[F3]2026-03-22+434→ 6,453 total - Tax Payment
Common Stock
[F2]2026-03-22$259.68/sh−184$47,781→ 6,269 total - Exercise/Conversion
Common Stock
[F4]2026-03-23+732→ 7,001 total - Tax Payment
Common Stock
[F2]2026-03-23$274.39/sh−310$85,061→ 6,691 total - Exercise/Conversion
RESTRICTED STOCK UNIT
[F1]2026-03-21−787→ 1,574 totalFrom: 2026-03-21Exp: 2026-03-21→ Common Stock (787 underlying) - Exercise/Conversion
RESTRICTED STOCK UNIT
[F3]2026-03-22−434→ 435 totalFrom: 2026-03-22Exp: 2026-03-22→ Common Stock (434 underlying) - Exercise/Conversion
RESTRICTED STOCK UNIT
[F4]2026-03-23−732→ 0 totalFrom: 2026-03-23Exp: 2026-03-23→ Common Stock (732 underlying) - Award
RESTRICTED STOCK UNIT
[F5]2026-03-23+1,202→ 1,202 total→ Common Stock (1,202 underlying)
Footnotes (5)
- [F1]These Restricted Stock Units, which were awarded on March 21, 2025 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
- [F2]Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations in connection with the vesting of Restricted Stock Units granted pursuant to the Issuer's 2017 Long-Term Incentive Plan.
- [F3]These Restricted Stock Units, which were awarded on March 22, 2024 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
- [F4]These Restricted Stock Units, which were awarded on March 23, 2023 pursuant to the Issuer's 2017 Long-Term Incentive Plan, vest ratably over three years and were settled in shares of the Issuer's common stock on a one-for-one basis.
- [F5]Each Restricted Stock Unit, awarded pursuant to the Issuer's 2017 Long-Term Incentive Plan, represents a contingent right to receive one share of the Issuer's common stock. The Restricted Stock Units vest ratably over three years beginning on the first anniversary of the grant date.
Signature
/s/ William F. Fry as Attorney-in-Fact for Kelly M. Huntington|2026-03-24