Anthony Guzzi - Jun 30, 2023 Form 4 Insider Report for EMCOR Group, Inc. (EME)

Signature
Maxine L. Mauricio, Attorney-in-Fact
Stock symbol
EME
Transactions as of
Jun 30, 2023
Transactions value $
-$1,432,240
Form type
4
Date filed
7/5/2023, 04:10 PM
Previous filing
Jun 8, 2023
Next filing
Jul 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EME Common Stock Sale -$1.43M -7.74K -3.14% $185.02 239K Jun 30, 2023 Direct F1, F2, F3
holding EME Common Stock 5.79K Jun 30, 2023 By the Guzzi Family Irrevocable Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated as of February 24, 2023 and effective as of March 27, 2023.
F2 The price reported is the weighted average of all the shares sold on June 30, 2023. The shares were sold at an average price of $185.02, at varying prices in the range of $185.00 to $185.13. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price.
F3 Includes shares issuable in respect of restricted stock units.
F4 These securities were transferred by the reporting person as a gift to the Guzzi Family Irrevocable Trust (the "Trust") for the benefit of the reporting person's children. The reporting person's spouse is trustee of the Trust. Such transfer was reported on a previously filed Form 4. The reporting person disclaims beneficial ownership of such securities.