FRY WILLIAM 4

What Happened

• William Fry, Senior Vice President, Chief Legal Officer and Secretary of MYR Group (MYRG), had a series of restricted stock units (RSUs convert/vest) settle into 1,565 shares across March 21–23, 2026. To satisfy tax withholding on those vesting events, 680 shares were withheld (disposed) for total withholding proceeds of $180,127. Separately, he was granted 984 RSUs (a new award) on March 23, 2026 under the company’s 2017 Long‑Term Incentive Plan.

Key Details

• Vesting/settlement (acquired): 669 shares (3/21), 347 shares (3/22), 549 shares (3/23) — total 1,565 shares.
• Tax withholding (disposed): 287 shares @ $259.68 on 3/21 = $74,528; 152 shares @ $259.68 on 3/22 = $39,471; 241 shares @ $274.39 on 3/23 = $66,128. Total withheld value ≈ $180,127.
• Net shares retained from these vestings: 1,565 − 680 = 885 shares.
• New award: 984 RSUs granted 3/23/2026 (derivative award subject to vesting).
• Footnotes: RSUs were granted under the Issuer’s 2017 Long‑Term Incentive Plan and vest ratably over three years (one‑for‑one settlement in common stock). Withheld shares were used to satisfy tax withholding obligations.
• Filing: Form 4 filed 2026‑03‑24 reporting transactions through 2026‑03‑21; filing appears timely (no late‑filing flag in the provided data).
• Shares owned after the transactions: not specified in the provided filing details.

Context

• These transactions reflect RSU vesting with shares issued and a portion withheld to cover taxes (routine, sometimes called a cashless withholding). Transaction codes: M indicates conversion/exercise of a derivative (here, RSU settlement), and F indicates shares withheld for tax withholding. The 984 RSU grant is an award subject to multi‑year vesting and does not represent an immediate open‑market purchase or sale.