Thiede Jeffrey S bought ECG
February 20, 2025 · Form 4 insider transaction
Thiede Jeffrey S bought 16,333 shares of Everus Construction Group, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
Represents restricted stock units (RSUs) that vest in three equal annual installments beginning on February 20, 2026, provided the reporting person remains continuously employed by the issuer through the applicable vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.; Includes (i) 32,926 shares of common stock that were received by the reporting person in connection with the separation and distribution transaction that became effective on October 31, 2024, pursuant to which the issuer was spun-off from its former parent company, MDU Resources Group, Inc. (MDU Resources), and MDU Resources' stockholders, including the reporting person, received 1 share of the issuer's common stock for every 4 shares of MDU Resources common held as of such time, subject to the payment of cash in lieu of fractional shares of the issuer's common stock, and (ii) 21,199 RSUs that vested on December 31, 2024; 25,047 RSUs that vest on December 31, 2025; and 30,372 RSUs that vest on December 31, 2026, provided, with respect to such RSUs, the reporting person remains continuously employed by the issuer through the applicable vesting date. Such RSUs were converted from certain previously granted MDU Resources RSUs in connection with the separation and distribution.