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.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Nicholas Grindstaff

Chief Financial Officer

STRL · STERLING INFRASTRUCTURE, INC.

Effective: 2025-07-10
Filed: June 12, 2025, 7:59 PM ET

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: June 12, 2025, 7:59 PM ET

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Nicholas Grindstaff was appointed as Chief Financial Officer at STERLING INFRASTRUCTURE, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

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

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Ronald A. Ballschmiede changed role as Executive Vice President at STERLING INFRASTRUCTURE, INC..

Role: Executive Vice President

Exact text from the filing

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.

View on SEC.gov

STERLING INFRASTRUCTURE, INC. filing history →

Source: SEC EDGAR

accession 0000874238-25-000095

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