Joseph A. Cutillo - Dec 31, 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: Dec 31, 2023
Transactions value $: -$1,734,595
Form type: 4
Date filed: 1/3/2024, 05:42 PM
Previous filing: Mar 6, 2023
Next filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRL	Common Stock	Tax liability	-$1.73M	-19.7K	-2.95%	$87.93	649K	Dec 31, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.
F2	The total share ownership includes 405 shares acquired under the Company's 2019 Employee Stock Purchase Plan.

Content

These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.

The total share ownership includes 405 shares acquired under the Company's 2019 Employee Stock Purchase Plan.