Form 4: MasTec Director Palomarez Reports Stock Transactions

Javier Alberto Palomarez, a director at MasTec Inc, reported the acquisition and disposal of common stock on May 15, 2025, according to a Form 4 filing with the SEC.

Summary

• On May 15, 2025, Javier Alberto Palomarez, a director at MasTec Inc, reported transactions involving the company's common stock.
• Palomarez acquired 263 shares of common stock.
• He also disposed of 58 shares to cover tax obligations related to the vesting of restricted stock at a price of $157.32 per share.
• Following these transactions, Palomarez directly owns 11,075 shares of MasTec Inc.
• The transactions were reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director, with no inherent positive or negative sentiment. It simply reflects the director's trading activity.

Industry Context

Form 4 filings are routine 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 as they provide insight into the actions of a company director.

Key Dates

Keywords

Form 4, MasTec Inc, Stock Transactions, Director, Palomarez, MTZ, SEC Filing