Form 4: Quanta Services COO James Probst Reports Stock Transactions
SEC Form 4 Filing
James Redgie Probst, Chief Operating Officer of Quanta Services, reported the disposal of 1,330 shares of common stock to cover taxes associated with vested restricted stock units.
Summary
- On March 26, 2024, James Redgie Probst, the Chief Operating Officer of Quanta Services, Inc. (PWR), reported a transaction involving the company's common stock.
- Probst disposed of 1,330 shares of common stock at a price of $255.54.
- This transaction was to cover taxes associated with the vesting of restricted stock units issued under the company's equity incentive plan.
- Following the transaction, Probst directly owns 63,002 shares of Quanta Services common stock.
- Probst also indirectly owns 20,000 shares through the Redgie Probst Trust.
Sentiment
Score: 5
Explanation: This is a neutral filing related to stock transactions for tax purposes. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that the COO is managing their equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction |
| 03/27/2024 | Date of signature by Attorney-in-Fact |
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