Form 4: MasTec Director Dwyer Reports Stock Transactions
SEC Filing
Director Robert J. Dwyer reported the acquisition and disposal of MasTec Inc. (MTZ) common stock on August 15, 2024, according to a Form 4 filing.
Summary
- Robert J. Dwyer, a director of MasTec Inc. (MTZ), filed a Form 4 with the SEC detailing changes in beneficial ownership.
- On August 15, 2024, Dwyer acquired 373 shares of common stock at $0 and disposed of 83 shares at $110.78.
- The disposal of shares was to cover taxes due upon the vesting of restricted stock.
- Following these transactions, Dwyer directly owns 19,632 shares of MasTec Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment. It reflects standard corporate governance practices.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small number of shares involved.
- The filing ensures transparency for stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock acquisition and disposal transactions. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.