Form 4: MasTec COO Robert Apple Boosts Stake with Share Acquisition

MasTec's Chief Operating Officer, Robert Apple, acquired 11,548 shares of common stock on March 18, 2026, increasing his direct beneficial ownership.

Summary

• Robert E. Apple, Chief Operating Officer of MasTec Inc. (MTZ), reported an acquisition of common stock.
• On March 18, 2026, Mr. Apple acquired 11,548 shares of MasTec common stock.
• The acquisition price for these shares was $0, typically indicating a grant or award rather than a market purchase.
• Following this transaction, Mr. Apple's direct beneficial ownership stands at 183,591 shares.
• He also holds an indirect beneficial ownership of 12,068.373 shares through a 401(k) Plan.
• The direct ownership figure includes 85,750 shares of MasTec common stock that were contributed by Mr. Apple to The Apple Family Trust, where he and his wife serve as trustees and beneficiaries.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive signal, as a key executive increasing their stake often reflects robust confidence in the company's future prospects and strategic direction.

Positives

• Chief Operating Officer Robert Apple acquired 11,548 shares of MasTec common stock, increasing his direct stake.
• Insider acquisition, especially by a high-ranking executive, often signals confidence in the company's future prospects and valuation.

Future Outlook

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Industry Context

StockSavvy.ai notes that insider buying, particularly by a high-ranking executive like a Chief Operating Officer, is generally interpreted by the market as a positive signal. It suggests that management believes the company's stock is undervalued or anticipates favorable future developments, a common sentiment indicator across various industries.

Stakeholder Impact

• Shareholders may interpret the insider acquisition as a positive indicator, potentially boosting investor confidence and influencing stock price positively.

Key Dates

Recommendation

The acquisition of shares by a high-ranking executive like the COO suggests strong internal confidence in MasTec's future performance and valuation, making it a favorable signal for potential investors to consider a 'buy' position.

Keywords

MasTec, MTZ, Insider Trading, Stock Acquisition, Robert Apple, COO, Beneficial Ownership, Form 4