Form 4: Quanta Services COO James Redgie Probst Reports Stock Transactions
SEC Form 4 Filing
Chief Operating Officer of Quanta Services, James Redgie Probst, reports disposition of shares to cover taxes and indirect ownership through a trust.
Summary
- James Redgie Probst, the Chief Operating Officer of Quanta Services, reported changes in beneficial ownership of the company's stock on March 9, 2024.
- 882 shares of common stock were disposed of to cover taxes associated with the vesting of restricted stock units at a price of $242.06 per share.
- Following the transaction, Probst directly owns 64,332 shares of Quanta Services common stock.
- Probst also indirectly owns 20,000 shares through the Redgie Probst Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/09/2024 | Date of stock transaction (disposal of shares for tax purposes). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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