Form 4: MasTec Director Robert J. Dwyer Reports Stock Transactions
SEC Filing Form 4
Director Robert J. Dwyer reported acquiring and disposing of MasTec Inc. (MTZ) common stock on May 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.
- On May 15, 2024, Dwyer acquired 373 shares of common stock at $0 and disposed of 83 shares at $106.99.
- Following these transactions, Dwyer beneficially owns 19,342 shares of MasTec Inc.
- The disposal of shares was to cover taxes due upon the vesting of restricted stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are related to tax obligations from vesting restricted stock.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock acquisition and disposal. |
| 05/17/2024 | 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.