Form 4: Quanta Services Director Martha B. Wyrsch Granted 559 Restricted Stock Units

Quanta Services, Inc. Director Martha B. Wyrsch was granted 559 restricted stock units, which are set to vest and settle on June 1, 2026, as part of her compensation.

Summary

• Martha B. Wyrsch, a Director of Quanta Services, Inc. (PWR), was granted 559 Restricted Stock Units (RSUs) on May 22, 2025.
• These RSUs are settled on a one-for-one basis into shares of common stock, with the reporting person having the option to elect up to 50% cash settlement under certain circumstances.
• The RSUs are scheduled to vest and settle on June 1, 2026, though settlement can be deferred by the reporting person pursuant to the terms of the company's nonqualified deferred compensation plan.
• Following this transaction, Martha B. Wyrsch beneficially owns 1,181 derivative securities, specifically Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document reports a routine grant of restricted stock units to a director, which is a standard compensation practice and does not indicate significant positive or negative sentiment for the company's operations or financial health.

Positives

• The grant of Restricted Stock Units to a director aligns their interests with long-term shareholder value, as the units vest over time and are tied to the company's stock performance.
• The ability for the reporting person to defer settlement provides flexibility for their financial planning.

Future Outlook

NA

Industry Context

This is a routine compensation event for a director and does not directly relate to broader industry trends or competitors, other than reflecting standard corporate governance practices for executive compensation in the utilities and infrastructure services sector.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of RSUs is a form of non-cash compensation that aligns the director's interests with shareholder value creation, as the value of the units is tied to the company's stock performance. It represents a potential future dilution upon vesting, but is a standard cost of corporate governance.

Next Steps

• The Restricted Stock Units are scheduled to vest and settle on June 1, 2026.
• The reporting person may elect to defer settlement of the RSUs pursuant to the company's nonqualified deferred compensation plan.

Key Dates

Keywords

Quanta Services, PWR, SEC Form 4, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Insider Transaction, Martha B. Wyrsch