Form 4: MasTec COO Robert Apple Reports Changes in Beneficial Ownership

MasTec's COO, Robert Apple, reports a disposition of shares to cover taxes upon vesting of restricted stock and updates holdings in a family trust and 401(k) plan.

Summary

• On March 24, 2025, Robert Apple, the COO of MasTec Inc. (MTZ), reported a transaction involving MasTec common stock.
• Apple disposed of 10,107 shares to cover taxes due upon the vesting of restricted stock at a price of $124.03 per share.
• Following the transaction, Apple directly owns 204,249 shares of MasTec common stock.
• Apple also indirectly owns 12,016.9955 shares through a 401(k) plan.
• Included in the directly owned shares are 87,095 shares contributed to The Apple Family Trust, where Apple and his wife are trustees and beneficiaries.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive for tax purposes.

Key Dates

Keywords

MasTec, Robert Apple, Beneficial Ownership, Form 4, MTZ, COO, Stock Transaction, Restricted Stock, Family Trust, 401(k)