MYR Group (MYRG) Director Richard Pascale Receives 758 Shares (RSU Vest)
$MYRG · MYR GROUP INC.Research Summary
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MYR Group (MYRG) Director Richard Pascale Receives 758 Shares (RSU Vest)
What Happened Richard Aurelie Pascale, a director of MYR Group, had restricted stock units (RSUs) vest on September 4, 2026 and the RSUs were settled into 758 shares of MYRG common stock. The Form 4 reports an acquisition of 758 shares (price listed as N/A) and a related derivative disposition of 758 shares at $0.00. This was receipt/settlement of an award rather than an open‑market buy or sell.
Key Details
- Transaction date: 2026-09-04
- Reported entries: Acquired 758 shares (price N/A); Disposed 758 shares at $0.00 (derivative)
- Footnote: These RSUs were granted on Sept 4, 2025 under the 2017 Long‑Term Incentive Plan, vested on Sept 4, 2026, and were settled one‑for‑one in common stock.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
- Filing timeliness: Reported on 2026-09-04 (same day), indicating a timely Form 4 filing.
Context This filing documents the standard vesting and settlement of RSUs into shares. The report does not show an open‑market sale or purchase; the disposal at $0.00 appears as part of the derivative/settlement reporting and no cash proceeds are reported. Such award settlements are routine compensation events and do not, by themselves, indicate buying or selling intent in the market.