Form 4: MASTEC CFO Disposes Shares for Tax Obligations
Insider Transaction Report
MASTEC Inc.'s CFO, Paul DiMarco, disposed of 2,925 shares of common stock to cover tax liabilities related to restricted stock vesting.
Summary
- Paul DiMarco, Chief Financial Officer (CFO) of MASTEC Inc. (MTZ), reported a disposal of common stock.
- The transaction occurred on October 10, 2025, and involved 2,925 shares.
- These shares were disposed of at a price of $210.09 per share.
- The disposal represents shares withheld by the Issuer to pay taxes due upon the vesting of restricted stock.
- Following this transaction, Paul DiMarco directly beneficially owns 57,553 shares of common stock.
- Additionally, DiMarco indirectly beneficially owns 10,012.9581 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax purposes upon restricted stock vesting, which is neutral in sentiment.
Future Outlook
The filing does not contain any forward-looking statements or guidance beyond the reported transaction date.
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies when restricted stock vests.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or a strategic shift.
Key Dates
| Date | Description |
|---|---|
| 10/10/2025 | Date of transaction (disposal of shares for tax withholding) |
| 10/15/2025 | Date the Statement of Changes in Beneficial Ownership was signed |
Recommendation
holdThe reported transaction is a routine disposal of shares by the CFO to cover tax liabilities upon the vesting of restricted stock. This is a common, non-discretionary event for executives and does not indicate a change in the company's fundamentals, management's outlook, or a strategic shift. Therefore, it does not warrant a change in investment recommendation based solely on this filing.
Keywords
MASTEC, MTZ, Paul DiMarco, CFO, Form 4, Insider Transaction, Stock Disposal, Tax Withholding, Restricted Stock Vesting
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