Form 4: Quanta Services CEO Earl C. Austin Jr. Reports Stock Transaction
SEC Form 4 Filing
CEO Earl C. Austin Jr. of Quanta Services, Inc. reports disposition of shares to cover taxes related to vested restricted stock units.
Summary
- On March 4, 2025, Earl C. Austin Jr., the President and CEO of Quanta Services, Inc., reported a transaction involving the company's common stock.
- 4,746 shares were disposed of at a price of $250.91 to cover taxes associated with the vesting of restricted stock units.
- Following the transaction, Austin directly owns 659,911 shares of Quanta Services common stock.
- He also indirectly owns 20,000 shares through the Austin 1999 Family Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's stock activity related to vested equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of the CEO's stock holdings related to compensation.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock transaction (disposal of shares). |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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