8 unchanged sentences
Purchases of Common Stock
+Added: On July 30, 2025, the Company announced that its Board of Directors had approved a new $75.0 million share repurchase program (the "Repurchase Program").
We did not purchase any shares of common stock in October, November or December of 2025.
−Removed: On May 6, 2024, the Company announced that its Board of Directors had authorized a new $75.0 million share repurchase program (the "Repurchase Program"), which became effective on May 9, 2024.
−Removed: The Company exhausted substantially all of the funds available to repurchase shares of the Company’s common stock under the Repurchase Program.
−Removed: The Repurchase Program expired on November 8, 2024.
+Added: As of December 31, 2025, the Company had $75.0 million of funds available to repurchase shares of the Company’s common stock under the Repurchase Program.
+Added: The Repurchase Program expired on February 4, 2026.
+Added: The Repurchase Program replaced and superseded the Company’s prior $75.0 million repurchase program, under which the Company had exhausted substantially all of the available funds, and such prior repurchase program was terminated.
Performance Graph
The following Performance Graph and related information shall be deemed “furnished” and not “filed” for purposes of Section 18 of the Exchange Act, and such information shall not be incorporated by reference into any future filing under the Securities Act or the Exchange Act except to the extent that we specifically incorporate it by reference into such filing .
−Removed: The following graph compares, for the period from December 31, 2019 to December 31, 2024, the cumulative total shareholder return on our common stock with the cumulative total return on the Standard & Poor’s 500 Index (the “S&P 500 Index”), the Russell 2000 Index, and a peer group index selected by our management that includes eleven publicly traded companies within our industry (the “Peer Group”).
+Added: The following graph compares, for the period from December 31, 2020 to December 31, 2025, the cumulative total shareholder return on our common stock with the cumulative total return on the Standard & Poor’s 500 Index (the “S&P 500 Index”), the Russell 2000 Index, a new peer group index selected by our management that includes ten publicly traded companies within our industry (the “2025 Peer Group”) and an old peer group index selected by our management that includes eleven publicly traded companies within our industry (the “2024 Peer Group”).
The comparison assumes that $100 was invested on December 31, 2020 and further assumes any dividends were reinvested quarterly.
The stock price performance reflected on the following graph is not necessarily indicative of future stock price performance.
−Removed: The companies in the Peer Group were selected because they comprise a broad group of publicly traded companies, each of which has some operations similar to ours.
−Removed: When taken as a whole, the Peer Group more closely resembles our total business than any individual company in the group while reducing the impact of a significant change in any one of the Peer Group company’s stock price.
+Added: The companies in the 2025 Peer Group and 2024 Peer Group were selected because they comprise a broad group of publicly traded companies, each of which has some operations similar to ours.
+Added: When taken as a whole, each of the 2025 Peer Group and 2024 Peer Group more closely resembles our total business than any individual company in the group while reducing the impact of a significant change in any one of the 2025 Peer Group and 2024 Peer Group company’s stock price.
+Added: In 2025, the Company removed Matrix Service Company (“Matrix”) from our peer group and therefore created a new peer group.
+Added: The removal of Matrix was to better align our peer group with MYR Group’s financial size.
+Added: The removal of Matrix is the only difference between our 2025 Peer Group and the 2024 Peer Group.
The 2025 Peer Group is composed of the following companies:
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Tetra Tech, Inc.
+Added: The 2024 Peer Group is composed of the following companies:
+Added: Astec Industries, Inc.
+Added: Granite Construction Incorporated
+Added: Primoris Services Corporation*
+Added: Comfort Systems USA, Inc.
+Added: IES Holdings, Inc.
+Added: Quanta Services, Inc.*
+Added: Dycom Industries, Inc.
+Added: MasTec, Inc.*
+Added: Tetra Tech, Inc.
Matrix Service Company
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* Considered our core group of peers with a more significant portion of operations being similar to ours than the overall group.
−Removed: Graph presents entire Peer Group.
+Added: Graph presents entire 2025 Peer Group and entire 2024 Peer Group.
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN**
Among MYR Group, Inc., the S&P 500 Index, the Russell 2000 Index,
−Removed: and a Peer Group
+Added: 2024 Peer Group and 2025 Peer Group
**$100 invested on 12/31/2020 in stock or including reinvestment of dividends.
10 unchanged sentences
2024 Peer Group 100.00 143.83 151.53 209.62 347.21 513.95
+Added: 2025 Peer Group 100.00 144.45 152.31 210.62 349.19 517.35
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.