Hendricks Britney A. 4

What Happened Britney A. Hendricks, Vice President of Human Resources at Everus Construction Group (ECG), received a grant of 1,830 restricted stock units (RSUs) on February 27, 2026 (reported on Form 4 filed March 3, 2026). The RSUs were granted at $0.00 (i.e., an award), and 290 shares were withheld by the issuer to satisfy tax-withholding obligations—those 290 shares were reported as disposed at $120.87 each for a total value of $35,052.

Key Details

• Transaction dates: Grant and withholding both dated 2026-02-27; Form 4 filed 2026-03-03 (timely within the two-business-day rule).
• Award: 1,830 RSUs granted (code A); tax withholding: 290 shares withheld (code F) and recorded as disposed for $120.87/share ($35,052).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes: F1 — RSUs vest in three equal annual installments beginning 2027-02-27, contingent on continuous employment; each RSU equals one share. F2 — 290 shares were withheld by the issuer to cover tax withholding. F3 — plan-related share counts may fluctuate with fund activity.

Context RSUs are a grant of future shares that vest over time; Hendricks did not receive all shares immediately. The withholding of shares to cover taxes is a routine administrative step (not an open-market sale) that reduces the net shares the insider will eventually receive. Awards are not purchases and do not necessarily signal immediate buying pressure in the market.