Hartwick Kenneth Michael 4

What Happened

• Kenneth Michael Hartwick, a director of MYR Group Inc. (MYRG), had 1,657 restricted stock units (RSUs) convert/settle into shares and were deferred under the company’s non‑employee director deferral program. He was also granted 591 new RSUs on April 23, 2026. All reported transactions show $0 proceeds or price because these were derivative awards/settlements, not open‑market cash sales or purchases.

Key Details

• Transaction dates and types:
  • 2025-04-24: conversion/exercise entry for 1,657 RSUs (reported as acquired in the filing record; see footnote F1 for award timing).
  • 2026-04-23: grant/award of 591 RSUs at $0.00 (derivative award).
  • 2026-04-24: conversion/exercise of 1,657 RSUs reported as disposed at $0.00 (settlement into shares and deferred; see F1).
• Prices/values: all transactions report $0.00 — these were RSU awards/settlements, not cash sales/purchases.
• Shares owned after transaction: not specified in the filing.
• Footnotes of importance:
  • F1: The 1,657 RSUs were awarded 4/24/2025, vested 4/24/2026, settled one‑for‑one into common stock, and the resulting shares were deferred under the director deferral program.
  • F2: The 591 RSUs (awarded per the 2017 LTIP) will convert into 591 shares on 4/23/2027 and payment will be deferred per the deferral program.
• Filing timing: Form 4 was filed 2026-04-27 covering transactions dated 4/23–4/24/2026. Form 4s are typically due within two business days of the transaction; this filing was submitted several days after the primary transaction dates.

Context

• These entries are RSU awards and vesting/settlements (derivative activity), not open‑market buys or sales. The conversions resulted in shares being deferred under the company’s non‑employee director deferral program, so there was no immediate cash proceeds or open‑market activity to indicate a purchase or sale signal.