Mark D. Wolf - 05 Aug 2023 Form 4 Insider Report for STERLING INFRASTRUCTURE, INC. (STRL)

Role: General Counsel, Corporate Sec
Signature: Mark D. Wolf
Issuer symbol: STRL
Transactions as of: 05 Aug 2023
Net transactions value: -$200,080
Form type: 4
Filing time: 08 Aug 2023, 16:05:54 UTC
Previous filing: 12 Jun 2023
Next filing: 03 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRL	Common Stock	Tax liability	$200,080	-3,280	-10%	$61.00	29,159	05 Aug 2023	Direct	F1, F2

* 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 to satisfy the Company's tax withholding requirements arising from the vesting of a restricted stock unit award granted on August 5, 2020, and are calculated based on the closing price of the Company's common stock on the vesting date. The tax withholding is pursuant to a procedure approved by the Compensation Committee of the Board of Directors.
F2	Of the total share ownership, 10,006 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.

Content

These shares were retained by the Company at the election of the Reporting Person to satisfy the Company's tax withholding requirements arising from the vesting of a restricted stock unit award granted on August 5, 2020, and are calculated based on the closing price of the Company's common stock on the vesting date. The tax withholding is pursuant to a procedure approved by the Compensation Committee of the Board of Directors.

Of the total share ownership, 10,006 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.