Swartz Richard S. Jr., President and CEO of MYR Group Inc. (MYRG), has demonstrated a consistent pattern of selling activity in the company’s stock over the past several years, with no recorded purchases in the same period. According to SEC Form 4 filings, his transactions—totaling $5.29 million in sales—have been concentrated in MYRG, with no diversification across other companies. The sales, executed primarily under transaction code "F" (indicating open-market or privately negotiated sales), occurred in multiple tranches, with notable transactions including a $969,765 sale on February 18, 2026, and a $432,089 sale on February 19, 2025. Smaller but repeated sales, such as those on March 21–23, 2026, ranging from $216,573 to $364,939, suggest a methodical approach to reducing his position.
The absence of any buy transactions in the dataset, including those coded as "A" (award or grant) or "M" (exercise of derivative security), underscores a one-sided disposition toward divestment. While the filings do not indicate recent activity beyond March 2026, the historical trend reveals a clear sell bias, with Swartz liquidating shares annually, particularly around February and March. The transactions, often clustered within days, may reflect prearranged trading plans, though the filings provide no explicit confirmation. The consistency in timing and volume suggests a structured approach to managing his equity stake in MYRG, rather than reactive trading based on short-term market conditions.
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