Lowry Jennifer Elaine 4

What Happened

• Jennifer Elaine Lowry, a director of MYR Group, had 1,160 restricted stock units (RSUs) vest and convert into 1,160 shares on April 24, 2026. The shares were settled but immediately deferred under the company's non-employee director deferral program (no cash received; transaction value reported as $0).
• Separately, a grant of 414 RSUs was reported on April 23, 2026 (awarded under the 2017 Long-Term Incentive Plan). Those RSUs are recorded as a derivative award (no immediate shares issued or cash value) and are scheduled to convert into 414 shares on April 23, 2027, with payment also subject to the director deferral program.

Key Details

• Transaction dates and codes: 2026-04-23 (A = award of 414 RSUs, $0.00); 2026-04-24 (M = conversion/settlement of 1,160 RSUs to shares; reported as acquired and immediately disposed at $0).
• Prices/values: All entries show $0 (RSUs are settled as shares or deferred; no cash proceeds).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — 1,160 RSUs awarded April 24, 2025 vested April 24, 2026 and were settled one-for-one into shares, then payment deferred per the director deferral program. F2 — The 414 RSUs will convert to 414 shares on April 23, 2027 and payment will be deferred per the same program.
• Timeliness: Period of report 2026-04-23; Form 4 filed 2026-04-27. Filing appears timely (Form 4 is generally due within two business days of the transaction).

Context

• These entries reflect routine equity compensation for a non-employee director (RSU vesting and deferral), not an open-market purchase or sale. The "disposed" coding here represents transfer into a deferral arrangement rather than a sale for cash.
• Such compensation-based conversions are common and do not necessarily signal a change in the director's sentiment about the stock.