Everus Construction Director Buys 1,000 Shares at $144.95
David M. Sparby, a director of Everus Construction (NYSE: ECG), purchased 1,000 shares on August 17, 2026, for approximately $144,950 per share according to an SEC Form 4 filing. The transaction increased his direct ownership stake in the company from 18,658 to 19,658 shares, representing a 0.03% equity position with a post-transaction value of around $2.8 million based on market close pricing. Everus Construction is a mid-cap industrial services provider specializing in utility infrastructure development and manufacturing electrical control panels for the energy sector. The company has a trailing twelve-month revenue of $4.3 billion, net income of $254.5 million, and operates with 9,400 employees across diverse engineering and construction contracts. The purchase occurred at a price slightly above the closing share value on that day ($143.40), indicating confidence in Everus' future performance despite recent stock volatility.
Tickers: $ECG