Mark D. Wolf - 31 Dec 2024 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Signature
Sharon R. Villaverde (Under a Power of Attorney)
Issuer symbol
STRL
Transactions as of
31 Dec 2024
Net transactions value
-$232,798
Form type
4
Filing time
03 Jan 2025, 18:26:53 UTC
Previous filing
25 Mar 2024
Next filing
28 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRL Common Stock Tax liability $232,798 -1,382 -4.7% $168.45 28,166 31 Dec 2024 Direct F1
transaction STRL Common Stock Award $0 +818 +2.9% $0.000000 28,984 01 Jan 2025 Direct F2, F3
* 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 Represents the grant of time-vested restricted stock units that will vest in one-third increments on each of December 31, 2025, and the next two anniversaries thereof, provided the service conditions are satisfied.
F3 Of these shares, 3,312 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.