Everus Construction Group, Inc.·4

Mar 3, 5:42 PM ET

Sanderson Paul R. 4

4 · Everus Construction Group, Inc. · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Everus (ECG) VP Paul Sanderson Receives RSU Award; Shares Withheld

What Happened

  • Paul R. Sanderson, VP, CLO & Corporate Secretary of Everus Construction Group (ECG), was granted 2,456 restricted stock units (RSUs) on Feb 27, 2026 (acquisition at $0.00). On the same date, a total of 4,192 shares were withheld by the issuer to satisfy tax withholding obligations related to the award: 417 shares withheld valued at $50,403 and 3,775 shares withheld valued at $456,284 (combined $506,687).
  • This was an equity award (RSUs) rather than an open-market purchase or voluntary sale; the withheld shares represent tax-withholding, not a discretionary sale of stock.

Key Details

  • Transaction date: Feb 27, 2026. Grant recorded as $0.00 per RSU (award). Withheld-share disposals recorded at $120.87 per share (417 shares → $50,403; 3,775 shares → $456,284).
  • Total shares withheld for taxes: 4,192; total withholding value reported: $506,687.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnotes: F1 — RSUs vest in three equal annual installments beginning Feb 27, 2027; each RSU converts to one common share upon vesting. F2 — the reported dispositions are shares withheld by the issuer to cover tax withholding obligations upon vesting.
  • Filing: Report filed Mar 3, 2026 reporting the Feb 27, 2026 transactions (filed within the SEC’s two-business-day window).

Context

  • These transactions are an equity compensation grant and routine tax withholding (cashless withholding) rather than a market sale or purchase. RSU grants and share-withholdings for taxes are common elements of executive compensation and do not, by themselves, indicate the insider’s view of the stock.
  • Retail investors should note the RSUs vest over time (starting Feb 27, 2027), so any future share issuances or additional withholding events may follow as installments vest.

Insider Transaction Report

Form 4
Period: 2026-02-27
Sanderson Paul R.
VP, CLO & Corporate Secretary
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-27+2,45626,442 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-27$120.87/sh417$50,40326,025 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-27$120.87/sh3,775$456,28422,250 total
Footnotes (2)
  • [F1]Represents restricted stock units (RSUs) that vest in three equal annual installments beginning on February 27, 2027, provided the reporting person remains continuously employed by the issuer through the applicable vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
  • [F2]Represents shares withheld by issuer to cover tax withholding obligations upon vesting of a RSU award.
Signature
/s/ Paul R. Sanderson|2026-03-03

Documents

1 file
  • 4
    doc4.xmlPrimary