Form 4: MasTec Director Palomarez Reports Stock Transactions
SEC Form 4 Filing
Javier Alberto Palomarez, a director at MasTec Inc (MTZ), reported the acquisition and disposal of common stock on February 14, 2025.
Summary
- On February 14, 2025, Javier Alberto Palomarez, a director of MasTec Inc (MTZ), reported transactions involving the company's common stock.
- Palomarez acquired 304 shares of common stock at $0.
- He also disposed of 67 shares at a price of $135.78.
- Following these transactions, Palomarez beneficially owns 10,870 shares of MasTec Inc.
- The disposal of shares was to cover taxes due upon the vesting of restricted stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into the director's holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock acquisition and disposal. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
MasTec, MTZ, Director, Palomarez, Stock Transaction, Form 4, Beneficial Ownership
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