Form 4: Mastec Director Robert J. Dwyer Reports Stock Transactions

Director Robert J. Dwyer of Mastec Inc. reported acquiring 305 shares and disposing of 68 shares to cover taxes on vested restricted stock on November 15, 2024.

Summary

• Robert J. Dwyer, a director at Mastec Inc., reported a transaction involving the company's common stock.
• On November 15, 2024, Dwyer acquired 305 shares of common stock at a price of $0.
• On the same day, 68 shares were disposed of at a price of $135.32 per share.
• The disposal of shares was to cover taxes due upon the vesting of restricted stock.
• Following these transactions, Dwyer beneficially owns 19,869 shares of Mastec Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a company director. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transactions reported are typical for directors who receive stock-based compensation, such as restricted stock units.
• The tax withholding mechanism is a common practice to cover tax liabilities associated with vesting of restricted stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to the director's compensation and tax obligations.

Key Dates

Keywords

Mastec Inc, Robert J. Dwyer, stock transaction, Form 4, insider trading, beneficial ownership, restricted stock, tax withholding