Thiede Jeffrey S 4

What Happened Jeffrey S. Thiede, President, CEO and Director of Everus Construction Group, was granted 12,011 restricted stock units (RSUs) on 2026-02-27 (recorded as an acquisition "A" at $0.00). On the same date the filing shows two withholding transactions (code "F") in which 2,142 shares ($258,904) and 9,855 shares ($1,191,174) were withheld/disposed to satisfy tax obligations — together roughly 11,997 shares and about $1.45 million at $120.87 per share. These entries reflect an award and routine tax withholding, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-27; filing date: 2026-03-03 (filed within required period).
• Award: 12,011 RSUs granted (acquired at $0.00).
• Withholdings (to cover taxes): 2,142 shares ($258,904) and 9,855 shares ($1,191,174) at $120.87/share; total withheld ≈ 11,997 shares (~$1.45M).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — RSUs vest in three equal annual installments beginning 2027-02-27, contingent on continued employment; F2 — shares withheld to cover tax withholding upon vesting; F3 — plan-account share counts may fluctuate.

Context

• These transactions are RSU grant and tax-withholding actions (codes A and F). Withholding to cover taxes is routine and does not necessarily indicate selling for investment reasons.
• The RSUs vest over three years starting Feb 27, 2027, so the grant is a future-compensation award rather than an immediate share purchase or market sale.