JOSEPH A. CUTILLO - 20 Mar 2024 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Signature
Ronald A. Ballschmiede (Under a Power of Attorney)
Issuer symbol
STRL
Transactions as of
20 Mar 2024
Net transactions value
-$13,478,191
Form type
4
Filing time
22 Mar 2024, 18:17:54 UTC
Previous filing
29 Feb 2024
Next filing
27 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRL Common Stock Sale $3,610,827 -33,214 -4.6% $108.71 695,245 20 Mar 2024 Direct F1, F2, F3
transaction STRL Common Stock Sale $5,317,927 -48,077 -6.9% $110.61 647,168 21 Mar 2024 Direct F1, F3, F4
transaction STRL Common Stock Sale $4,549,438 -40,713 -6.3% $111.74 606,455 22 Mar 2024 Direct F1, F3, F5
* 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 20, 2023.
F2 Transaction executed in multiple trades at prices ranging from $106.44 to $110.11 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, 62,190 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 $109.58 to $112.78 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.
F5 Transaction executed in multiple trades at prices ranging from $110.705 to $112.76 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.