Form 4: MasTec CAO Timothy Michael Love Sells 600 Shares of Common Stock
SEC Form 4
MasTec's CAO, Timothy Michael Love, disposed of 600 shares of common stock at a price of $140.8088 on November 6, 2024.
Summary
- On November 6, 2024, Timothy Michael Love, CAO of MasTec Inc. (MTZ), sold 600 shares of common stock.
- The transaction was executed at a price of $140.8088 per share.
- Following the transaction, Love directly owns 11,196 shares of common stock.
- Love also indirectly owns 3,753.5987 shares of common stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the transaction: Timothy Michael Love sold 600 shares of MasTec common stock. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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