Form 4: MasTec CFO DiMarco Boosts Stake with 9,074 Share Acquisition

MasTec CFO Paul DiMarco acquired 9,074 shares of common stock at a $0 price, increasing his direct beneficial ownership.

Summary

• Paul DiMarco, Chief Financial Officer of MasTec Inc. (MTZ), acquired 9,074 shares of the company's common stock.
• The transaction occurred on March 18, 2026, with the shares acquired at a price of $0 per share, indicating a likely equity grant or award.
• Following this acquisition, DiMarco directly beneficially owns 66,627 shares of MasTec common stock.
• He also indirectly beneficially owns an additional 10,012.933 shares through a 401(k) plan.
• The direct ownership figure includes 4,575 shares that DiMarco contributed to the Paul DiMarco Revocable Trust, where he serves as the sole trustee and beneficiary.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal. While the acquisition is likely an equity grant rather than an open market purchase, a key executive increasing their stake indicates continued alignment with shareholder interests and confidence in the company's trajectory.

Positives

• CFO Paul DiMarco's acquisition of 9,074 shares of MasTec common stock, even at a $0 price (likely an equity grant), can be interpreted as a positive signal of management's continued confidence in the company's future performance and value.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider acquisitions, particularly by a Chief Financial Officer, can be interpreted as a positive signal within the infrastructure services sector, suggesting management's belief in the company's operational strength and future prospects. Such transactions often align with broader industry trends of executive compensation tied to equity performance.

Related Party Transactions

• Paul DiMarco contributed 4,575 shares of MasTec common stock to the Paul DiMarco Revocable Trust, of which he is the sole trustee and sole beneficiary. This represents a change in the form of beneficial ownership from direct to indirect.

Stakeholder Impact

• Shareholders may interpret the CFO's increased ownership as a positive sign of management's belief in the company's future performance and commitment to long-term value creation.

Key Dates

Recommendation

While the acquisition of shares by the CFO is a positive indicator of insider confidence, a single Form 4 transaction, especially one likely related to compensation (price $0), typically warrants a 'hold' recommendation rather than a 'buy' without further fundamental analysis or additional catalysts. It reinforces existing sentiment but doesn't fundamentally alter the investment thesis on its own.

Keywords

MasTec, MTZ, Paul DiMarco, CFO, Insider Trading, Stock Acquisition, Form 4, Beneficial Ownership, Equity Grant