Sznewajs Timothy Ryan 4

What Happened Timothy Sznewajs, Vice President of Corporate Development & Strategy at Everus Construction Group (ECG), was granted 1,424 restricted stock units (RSUs) on 2026-02-27 (acquisition code A). On the same date, 303 shares were withheld by the issuer to cover tax withholding obligations (disposition code F) valued at $36,624 based on a per-share price of $120.87. The RSUs were granted at $0.00 (they represent a future right to receive shares).

Key Details

• Transaction dates: 2026-02-27 (grant and withholding).
• Grant: 1,424 RSUs @ $0.00 (code A).
• Withholding: 303 shares withheld @ $120.87 = $36,624 (code F).
• Vesting: RSUs vest in three equal annual installments beginning 2027-02-27, contingent on continuous employment (footnote F1).
• The 303-share disposition represents shares withheld to satisfy tax withholding on the award (footnote F2).
• Shares owned after the reported transactions: not specified in the filing.
• Filing date (accession): 2026-03-03 — the Form 4 appears to have been filed on time.

Context RSU grants are a form of compensation, not an open‑market purchase, and typically only convert into shares as they vest. The withholding of shares to cover taxes is routine and should not be read as a voluntary sale.