Form 4: Quanta Services Director Holli C. Ladhani Reports Stock Transactions
SEC Form 4 Filing
Director Holli C. Ladhani of Quanta Services, Inc. reports the vesting and settlement of restricted stock units and the disposition of common stock on June 1, 2024.
Summary
- On June 1, 2024, Holli C. Ladhani, a director of Quanta Services, Inc., reported transactions involving the company's stock.
- Ladhani acquired 971 shares of common stock upon the vesting and settlement of restricted stock units.
- These restricted stock units were granted on May 23, 2023, and vested on June 1, 2024.
- Ladhani also disposed of 291 shares of common stock at a price of $275.94 per share.
- Following these transactions, Ladhani directly owns 3,562 shares of Quanta Services, Inc. common stock.
- 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.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock transactions by a company director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the director's transactions in Quanta Services stock.
Key Dates
| Date | Description |
|---|---|
| May 23, 2023 | Restricted stock units were granted. |
| June 01, 2024 | Restricted stock units vested and settled; common stock disposed of. |
| June 04, 2024 | Date of report signature. |
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