Everus Construction Group, Inc.·4

Mar 3, 5:42 PM ET

Sanderson Paul R. 4

Research Summary

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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.