Form 4: MasTec COO Robert Apple Reports Acquisition of Shares

Robert Apple, COO of MasTec Inc., reports acquiring 27,154 shares of common stock and holding 214,356 shares directly, along with 12,016.9955 shares indirectly through a 401(k) plan.

Summary

• Robert Apple, the COO of MasTec Inc., filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of MasTec's common stock.
• On March 18, 2025, Apple acquired 27,154 shares of common stock.
• The acquisition price was $0, suggesting it may have been a grant or award.
• Following the transaction, Apple directly owns 214,356 shares of MasTec common stock.
• He also indirectly owns 12,016.9955 shares through a 401(k) plan.
• The report also mentions that 87,095 of the directly held shares are held in The Apple Family Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a change in ownership. The acquisition of shares by the COO could be interpreted as a positive signal, but without further context, it's difficult to gauge the overall impact.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may view the COO's increased stake as a positive sign of confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Robert Apple, MasTec, MTZ, COO, Common Stock, SEC