Betty R. Wynn - Mar 27, 2023 Form 4 Insider Report for MYR GROUP INC. (MYRG)

Role
Senior VP
Signature
/s/ William F. Fry as Attorney-in-Fact for Betty R. Wynn
Stock symbol
MYRG
Transactions as of
Mar 27, 2023
Transactions value $
-$331,903
Form type
4
Date filed
3/29/2023, 04:05 PM
Previous filing
Mar 27, 2023
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYRG Common Stock Sale -$41.3K -350 -0.9% $117.92 38.7K Mar 27, 2023 Direct F1, F2
transaction MYRG Common Stock Sale -$185K -1.56K -4.03% $118.98 37.1K Mar 27, 2023 Direct F1, F3
transaction MYRG Common Stock Sale -$105K -880 -2.37% $119.74 36.2K Mar 27, 2023 Direct F1, 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 transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2023.
F2 Represents a weighted average price per share of 350 shares of common stock sold in 7 transactions, ranging in price from $117.32 to $118.32 per share. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F3 Represents a weighted average price per share of 1,557 shares of common stock sold in 22 transactions, ranging in price from $118.36 to $119.34 per share. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F4 Represents a weighted average price per share of 880 shares of common stock sold in 16 transactions, ranging in price from $119.43 to $120.12 per share. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.