CUTILLO JOSEPH A 4
4 · STERLING INFRASTRUCTURE, INC. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Sterling Infrastructure (STRL) CEO Joseph A. Cutillo Sells 50,000 Shares
What Happened
Joseph A. Cutillo, CEO of Sterling Infrastructure, sold 50,000 shares on March 25, 2026. The sales generated proceeds of $22,674,175, reported at an average price of $453.48 per share. This was a sale (not a purchase or option exercise), which is commonly routine insider selling rather than an explicit bullish signal.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (appears timely).
- Reported average price: $453.48 per share; total proceeds: $22,674,175.
- Trade execution: multiple trades with prices ranging from $450.00 to $458.15 per share (report shows average; detailed breakdown available from the filer on request).
- Plan/authorization: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Cutillo on December 8, 2025.
- Restrictions: 20,754 of the shares sold are noted as subject to restrictions on sale/transfer and potential forfeiture under certain circumstances.
- Shares owned after transaction: Not disclosed in this filing.
Context
Sales made under a 10b5‑1 plan are prearranged trading programs that help insiders sell on a set schedule and reduce the appearance of trading on inside information. While insider purchases can be a stronger signal of confidence, routine sales like this can reflect diversification, tax planning, or liquidity needs and should be interpreted with caution.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-03-25$453.48/sh−50,000$22,674,175→ 340,593 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2025.
- [F2]Transaction executed in multiple trades at prices ranging from $450.00 to $458.15 per share, inclusive. The price reported in column 4 above reflects the average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- [F3]Of these shares, 20,754 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.