Joseph A. Cutillo - Mar 2, 2023 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Role
Chief Executive Officer
Signature
Ronald A. Ballschmiede (Under a Power of Attorney)
Stock symbol
STRL
Transactions as of
Mar 2, 2023
Transactions value $
-$3,460,844
Form type
4
Date filed
3/6/2023, 11:59 AM
Previous filing
Mar 2, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRL Common Stock Sale -$2.05M -50.3K -6.68% $40.85 703K Mar 2, 2023 Direct F1, F2, F3
transaction STRL Common Stock Sale -$1.41M -34.5K -4.91% $40.80 668K Mar 3, 2023 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 21, 2022.
F2 Transaction executed in multiple trades at prices ranging from $40.00 to $41.30 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, 96,394 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.
F4 Transaction executed in multiple trades at prices ranging from $40.13 to $41.15 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.