Form 4: Quanta Services Director Josephine dePass Olsovsky Awarded 559 Restricted Stock Units

Quanta Services, Inc. Director Josephine Ann Marie dePass Olsovsky has been granted 559 restricted stock units (RSUs) as part of her compensation, aligning her interests with shareholders.

Summary

• Josephine Ann Marie dePass Olsovsky, a Director at Quanta Services, Inc. (PWR), acquired 559 Restricted Stock Units (RSUs) on May 22, 2025.
• The RSUs were acquired at a price of $0, which is typical for equity grants.
• Following this transaction, Ms. dePass Olsovsky beneficially owns 1,181 derivative securities.
• Each restricted stock unit is settled in one share of common stock, though the reporting person may elect to settle up to 50% in cash under certain circumstances.
• Unless otherwise specified, these restricted stock units are scheduled to vest and settle on June 1, 2026.
• Settlement of the RSUs can be deferred by the reporting person according to the terms of the Company's nonqualified deferred compensation plan.

Sentiment

Score: 7

Explanation: The sentiment is positive as it reflects a routine equity grant to a director, which aligns management interests with shareholders and is a common practice for incentivizing leadership.

Positives

• The grant of Restricted Stock Units to a director helps align the director's financial interests with those of the company's shareholders, promoting long-term value creation.
• Equity compensation is a common and effective way to incentivize directors and retain talent.

Future Outlook

The acquired Restricted Stock Units are scheduled to vest and settle on June 1, 2026, with potential for deferral of settlement under the company's nonqualified deferred compensation plan.

Industry Context

This Form 4 filing is a routine disclosure of an insider equity grant, common across all industries as part of executive and director compensation packages. It does not provide broader industry trends or competitive insights.

Corporate Governance

Related Party Transactions

• The acquisition of Restricted Stock Units by a director (Josephine Ann Marie dePass Olsovsky) from the issuer (Quanta Services, Inc.) constitutes a related party transaction, as it involves an insider receiving compensation from the company.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director helps align the director's long-term interests with those of the shareholders, potentially leading to better governance and strategic decisions aimed at increasing shareholder value.

Next Steps

• Vesting and settlement of the 559 Restricted Stock Units on June 1, 2026, or a deferred date if elected by the reporting person.

Key Dates

Keywords

Quanta Services, PWR, Restricted Stock Units, RSU, Insider Transaction, SEC Form 4, Director Compensation, Equity Grant, Beneficial Ownership