Form 4: Quanta Services Director Acquires Restricted Stock Units

Josephine Ann Marie dePass Olsovsky, a director of Quanta Services, acquired 622 restricted stock units on May 24, 2024, which will vest on June 1, 2025.

Summary

• On May 24, 2024, Josephine Ann Marie dePass Olsovsky, a director of Quanta Services, acquired 622 restricted stock units.
• These restricted stock units will vest and settle on June 1, 2025, unless otherwise provided in the award agreement.
• The restricted stock units are settled in shares of common stock on a one-for-one basis, with an option for the reporting person to settle up to 50% in cash under certain circumstances.
• The reporting person may defer settlement of all or a portion of the restricted stock units pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock ownership. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The restricted stock units will vest and settle on June 1, 2025, potentially impacting the director's holdings of Quanta Services common stock.

Industry Context

This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation in publicly traded companies.

Stakeholder Impact

• The acquisition of restricted stock units by a director may have a minor positive impact on shareholder confidence.

Key Dates