Filing Details

Accession Number:
0000874238-23-000029
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-02 18:02:19
Reporting Period:
2023-02-28
Accepted Time:
2023-03-02 18:02:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
874238 Sterling Infrastructure Inc. STRL Heavy Construction Other Than Bldg Const - Contractors (1600) 251655321
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1671928 A Joseph Cutillo 1800 Hughes Landing Blvd.
The Woodlands TX 77380
Chief Executive Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-02-28 115,312 $0.00 799,662 No 4 A Direct
Common Stock Disposition 2023-02-28 31,554 $38.46 768,108 No 4 F Direct
Common Stock Disposition 2023-02-28 5,002 $40.14 763,106 No 4 S Direct
Common Stock Disposition 2023-03-01 10,235 $40.21 752,871 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Represents shares earned with respect to PSUs granted in 2020, 2021, and 2022 that have satisfied certain performance conditions.
  2. 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 taxwithholding 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.
  3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 21, 2022.
  4. Transaction executed in multiple trades at prices ranging from $40.00 to $40.42 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.
  5. Transaction executed in multiple trades at prices ranging from $40.00 to $40.46 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.