Sterling appoints Nicholas Grindstaff as CFO effective July 10, 2025

STERLING INFRASTRUCTURE, INC.

Grindstaff, 62, succeeds Ron Ballschmiede; Ballschmiede remains EVP until retirement to assist transition.
Base salary of $600,000, sign-on bonus of $200,000, and 5,000 time-based RSUs vesting over 3 years.
Target annual cash incentive of 75% of base salary; long-term equity target of 115% of base salary.
Grindstaff most recently CFO of Cinterra; previously CFO of Orbital Infrastructure Group and VP Finance at Quanta Services.
Appointment effective July 10, 2025; no family relationships or reportable transactions disclosed.

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Executive movements

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Appointed

Nicholas Grindstaff

Chief Financial Officer

STRL · STERLING INFRASTRUCTURE, INC.

Effective: 2025-07-10
Filed: Jun 12, 2025 23:59 UTC

On June 10, 2025, the Board of Directors of Sterling Infrastructure, Inc. (the Company) appointed Nicholas Grindstaff, age 62, as its Chief Financial Officer (CFO) and designated him as its principal accounting officer, effective July 10, 2025

Role change

Ronald A. Ballschmiede

Executive Vice President

STRL · STERLING INFRASTRUCTURE, INC.

Effective: 2025-07-10
Successor: Nicholas Grindstaff
Filed: Jun 12, 2025 23:59 UTC

As part of the transition, Mr. Ballschmiede will continue as Executive Vice President until his retirement expected in 2025 in order to assist Mr. Grindstaff.

Source: SEC EDGAR

accession 0000874238-25-000095

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