PWR.NYSEQuanta Services, INC

Form 4: Quanta Services CEO Disposes Shares for Tax Withholding

Sentiment:

Insider Transaction Report

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Quanta Services President and CEO, Earl C. Austin Jr., disposed of 3,570 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

  • Earl C. Austin Jr., President and CEO of Quanta Services, Inc. (PWR), reported a transaction on March 4, 2026.
  • 3,570 shares of common stock were disposed of at a price of $566 per share.
  • These shares were withheld to cover taxes associated with the vesting of restricted stock units issued under an equity incentive plan of the Company.
  • Following this transaction, Mr. Austin directly beneficially owns 711,852 shares of common stock.
  • Additionally, Mr. Austin indirectly beneficially owns 20,000 shares through the Austin 1999 Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine, non-discretionary transaction for tax purposes associated with executive compensation, rather than a discretionary sale or purchase.

Positives

  • The transaction indicates the vesting of restricted stock units, which is a form of equity compensation, aligning executive interests with shareholder value.

Negatives

  • The disposition of shares, even for tax purposes, results in a slight reduction in the direct ownership stake of the executive.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares are a common and routine occurrence for executives receiving equity compensation, such as restricted stock units, across various industries.

Key Dates

DateDescription
03/04/2026Date of transaction where shares were disposed of for tax withholding.
03/06/2026Date the Form 4 was signed by the attorney-in-fact.

Recommendation

hold

This Form 4 reports a routine, non-discretionary disposition of shares to cover tax obligations related to restricted stock unit vesting. It does not provide new fundamental information that would warrant a change in an investment thesis or recommendation.

Keywords

Quanta Services, PWR, Form 4, Insider Transaction, CEO, Restricted Stock Units, Tax Withholding, Equity Compensation

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