Form 4: MasTec EVP Acquires Shares and Reports Holdings
SEC Form 4 Filing
Alberto de Cardenas, EVP and General Counsel of MasTec Inc., reports acquisition of shares and beneficial ownership changes.
Summary
- Alberto de Cardenas, an EVP and General Counsel at MasTec Inc. (MTZ), filed a Form 4.
- The filing reports a transaction on March 18, 2025, where Mr. de Cardenas acquired 14,400 shares of Common Stock at $0.
- Following the transaction, Mr. de Cardenas directly owns 115,668 shares of Common Stock.
- He also indirectly owns 8,035.8136 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is moderate.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on market sentiment.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company executives.
- It may influence investor sentiment depending on the size and nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/18/2025 | Date of transaction: acquisition of 14,400 shares of Common Stock. |
| 03/20/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, MasTec Inc, MTZ, Alberto de Cardenas, EVP, General Counsel, Stock Acquisition, 401(k)
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