Nalbandian Jason R 4

What Happened Jason R. Nalbandian, SVP and Chief Accounting Officer & Chief Financial Officer of EMCOR Group, received an award of 4 restricted stock units (RSUs) on January 30, 2026. The RSUs were issued at $0.00 (no cash paid), so the aggregate value reported for this transaction is $0. This transaction is an award (code A), not a purchase or sale.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-02 (timely).
• Transaction type/code: Award (A) — 4 RSUs issued at $0.00; total cash value reported $0.
• Shares owned after transaction: not specified in the provided excerpt; filing notes that totals include shares issuable in respect of RSUs.
• Footnotes:
  • F1: These RSUs were issued in respect of already-outstanding RSUs as a consequence of a dividend paid on Jan 30, 2026; the new RSUs have the same vesting and forfeiture provisions as the original RSUs.
  • F2: Totals reported include shares issuable in respect of RSUs.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the provided data.

Context This was a dividend-related issuance of additional RSUs (administrative award) rather than a market purchase or sale. Such dividend-issuance RSUs do not require cash from the insider and generally reflect dividend reinvestment or dividend-equivalent treatment of equity awards; they should not be interpreted alone as a bullish or bearish signal.