Form 4: MasTec CAO Timothy Michael Love Reports Stock Acquisition and Disposal
SEC Form 4 Filing
MasTec's CAO, Timothy Michael Love, reports acquiring 1,600 shares of common stock and disposing of 12,125 shares held indirectly through a 401(k) plan.
Summary
- On November 1, 2023, Timothy Michael Love, CAO of MasTec Inc., engaged in transactions involving the company's common stock.
- Love acquired 1,600 shares of common stock.
- Simultaneously, Love disposed of 12,125 shares of common stock held indirectly through a 401(k) plan.
- Following these transactions, Love directly owns 1,600 shares and indirectly owns 3,523.4219 shares through the 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and potentially gain insights into their perspectives on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 11/01/2023 | Date of stock acquisition and disposal. |
| 04/03/2024 | Date of signature for the report. |
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