DELLA ROCCA MICHAEL 4
Research Summary
AI-generated summary
Everus (ECG) Director Michael Della Rocca Receives 1,015 RSUs
What Happened
Michael Della Rocca, a director of Everus Construction Group, Inc. (ECG), was granted 1,015 restricted stock units (RSUs) on May 12, 2026. The award is reported at $0.00 per unit (code A — grant/award/acquisition), meaning no cash purchase was made; the filing lists the acquisition value as $0.
Key Details
- Transaction date: 2026-05-12 (Form 4 filed 2026-05-13). Appears timely based on those dates.
- Instrument and amount: 1,015 RSUs granted (reported price $0.00).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote (F1): RSUs vest on the date of the issuer’s 2027 annual meeting of stockholders, contingent on the reporting person’s continued service; each RSU equals the right to one share upon vesting.
- Transaction code: A (award/grant).
Context
RSUs are a form of compensation and do not represent tradable shares until they vest and are converted to common stock. This grant is a routine equity award tied to continued service and the company’s vesting schedule, not an open-market purchase or sale. It does not indicate an immediate change in market holdings until the RSUs vest and are settled.