Chief Executive Officer Cutillo Joseph A covered exercise/tax liability with 13,571 shares and was granted 11,101 shares, decreasing direct ownership by 0.58% to 426,167 units (SEC Form 4)

$STRL
Military/Government/Technical
Industrials
Get the next $STRL alert in real time by email
SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
CUTILLO JOSEPH A

(Last) (First) (Middle)
1800 HUGHES LANDING BLVD.

(Street)
THE WOODLANDS TX 77380

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
STERLING INFRASTRUCTURE, INC. [ STRL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2024 F 13,571(1) D $168.45(1) 415,066(2) D
Common Stock 01/01/2025 A 11,101(3) A $0(3) 426,167(4) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. The total share ownership includes 178 shares acquired under the Company's 2019 Employee Stock Purchase Plan.
3. 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.
4. Of these shares, 36,960 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.
Remarks:
Sharon R. Villaverde (Under a Power of Attorney) 01/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Get the next $STRL alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$STRL

DatePrice TargetRatingAnalyst
2/27/2025$185.00Neutral → Buy
DA Davidson
1/17/2025Outperform
William Blair
2/28/2024$86.00 → $115.00Buy → Neutral
DA Davidson
More analyst ratings

$STRL
Press Releases

Fastest customizable press release news feed in the world

See more
  • Sterling Announces Two Large Transportation Solutions Project Awards

    THE WOODLANDS, Texas, Feb. 25, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that Sterling's Ralph L. Wadsworth (RLW) subsidiary has been awarded two significant transportation projects: The I-15 1800 North Interchange project for the Utah Department of Transportation (UDOT) will enhance regional mobility in Davis County, Utah.  The project has a total value of $195 million and is expected to begin in spring 2025 and continue through late 2027. RLW has a 60% interest in the job, while joint venture partner Whitak

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Reports Record Fourth Quarter and Full Year 2024 Results and Provides Full Year 2025 Guidance

    THE WOODLANDS, Texas, Feb. 25, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2024 and provided full year 2025 guidance. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of our RHB joint venture on December 31, 2024, RHB is not included in year-end 2024 consolidated backlog. As such, our prior-year comparisons for these metrics are on an adjusted basis to exclude RHB. Please see the "Historical

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Schedules 2024 Fourth Quarter and Full Year Release and Conference Call

    THE WOODLANDS, Texas, Feb. 13, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter and full year 2024 on Tuesday, February 25, 2025, after the stock market closes. Sterling's management will host a conference call on Wednesday, February 26, 2025, at 9:00 am ET/8:00 am CT to discuss the fourth quarter and full year 2024 results, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minu

    $STRL
    Military/Government/Technical
    Industrials

$STRL
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$STRL
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$STRL
SEC Filings

See more

$STRL
Leadership Updates

Live Leadership Updates

See more
  • Sterling Announces the Retirement of Thomas M. White from the Board of Directors

    THE WOODLANDS, Texas, Nov. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that Thomas M. White will retire from the company's Board of Directors (the "Board") effective December 31, 2024. Mr. White was elected Chairman of the Board in December 2019 and served as a member of the Audit, Compensation & Talent Development, and Corporate Governance & Nominating Committees after joining the Board in July 2018. Sterling's Corporate Governance & Nominating Committee is in the process of determining Mr. White's successor.

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Announces the Retirement of Charles R. Patton from the Board of Directors

    THE WOODLANDS, Texas, Aug. 28, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that Charles R. Patton will retire from the company's Board of Directors (the "Board") effective September 1, 2024. Mr. Patton has served on the Board since 2013 and is a member of the Corporate Governance & Nominating Committee and the Compensation Committee. Thomas M. White, Chair of Sterling's Board of Directors, commented, "On behalf of Sterling's Board, I would like to thank Charles for his many years of service. We are deeply grate

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Announces Appointment of Dan Govin as Chief Operating Officer

    THE WOODLANDS, Texas, Aug. 8, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced the appointment of Dan Govin as Chief Operating Officer ("COO"). In this role, Dan will be responsible for leading the execution of Sterling's strategic and operational activities. Dan brings 30 years of experience in operations and leadership to Sterling. Since 1994, Dan has held multiple commercial and operations management roles within the energy infrastructure industry. Starting in 2007, Dan joined Quanta Services, where he most recen

    $STRL
    Military/Government/Technical
    Industrials

$STRL
Financials

Live finance-specific insights

See more
  • Sterling Reports Record Fourth Quarter and Full Year 2024 Results and Provides Full Year 2025 Guidance

    THE WOODLANDS, Texas, Feb. 25, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2024 and provided full year 2025 guidance. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of our RHB joint venture on December 31, 2024, RHB is not included in year-end 2024 consolidated backlog. As such, our prior-year comparisons for these metrics are on an adjusted basis to exclude RHB. Please see the "Historical

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Schedules 2024 Fourth Quarter and Full Year Release and Conference Call

    THE WOODLANDS, Texas, Feb. 13, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter and full year 2024 on Tuesday, February 25, 2025, after the stock market closes. Sterling's management will host a conference call on Wednesday, February 26, 2025, at 9:00 am ET/8:00 am CT to discuss the fourth quarter and full year 2024 results, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minu

    $STRL
    Military/Government/Technical
    Industrials
  • Sterling Reports Record Third Quarter 2024 Results and Raises Full Year Profitability Guidance

    THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Third Quarter 2024 Results Revenues of $593.7 million, an increase of 6%Gross margin of 21.9%, up from 16.4%Net Income of $61.3 million, or $1.97 per diluted share, an increase of 56% for both metricsEBITDA(1) of $100.8 million, an increase of 42%Cash flows from operations totaled $322.8 million for the nin

    $STRL
    Military/Government/Technical
    Industrials

$STRL
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more