Form 4: Jorge Mas Reports Changes in Beneficial Ownership of MasTec Inc. Shares

Jorge Mas, a director at MasTec Inc. (MTZ), reported changes in his beneficial ownership of the company's common stock, including acquisitions and disposals, as detailed in a Form 4 filing with the SEC.

Summary

• On March 18, 2025, Jorge Mas reported changes in his beneficial ownership of MasTec Inc. common stock.
• The report indicates an acquisition of 37,028 shares of common stock at $0.
• Mas directly owns 4,556,806 shares.
• He also has indirect ownership through various entities: 848,941 shares, 276,000 shares, 100,000 shares and 5,665,484 shares.
• The filing includes disclaimers of beneficial ownership for shares held by the Jorge Mas Irrevocable Family Trust, Mas Equity Partners III, LLC, and the Mas Family Foundation, Inc., except to the extent of his pecuniary interest.
• Shares are also owned by Jorge Mas Holdings I, LLC, which is controlled by Jorge Mas Holdings, LLC, of which the reporting person is the sole member.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports changes in ownership and doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the ownership positions of key individuals within MasTec Inc.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director.

Key Dates

Keywords

Form 4, Beneficial Ownership, MasTec Inc, Jorge Mas, MTZ, SEC Filing, Director