Form 4: MasTec EVP Alberto de Cardenas Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Alberto de Cardenas, EVP and General Counsel of MasTec Inc., reports disposing of shares to cover tax obligations upon vesting of restricted stock.
Summary
- On March 24, 2025, Alberto de Cardenas, EVP and General Counsel of MasTec Inc. (MTZ), disposed of 4,319 shares of common stock to cover tax obligations.
- The shares were disposed of at a price of $124.03 per share.
- Following the transaction, de Cardenas directly owns 111,349 shares of MasTec common stock.
- He also indirectly owns 8,035.8136 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for such filings.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of share disposal transaction. |
| 03/26/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, MasTec, MTZ, Alberto de Cardenas, share disposal, tax obligations, EVP, General Counsel, restricted stock, beneficial ownership
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