Form 4: Quanta Services Director Raul Javier Valentin Reports Stock Unit Transaction
SEC Form 4 Filing
Director Raul Javier Valentin reports the vesting and settlement of restricted stock units into common stock of Quanta Services, Inc.
Summary
- On June 1, 2024, Raul Javier Valentin, a director of Quanta Services, Inc. (PWR), had 841 restricted stock units vest and settle.
- These units converted into 841 shares of common stock on a one-for-one basis.
- The restricted stock units were initially granted on June 26, 2023, and vested on June 1, 2024.
- Following the transaction, Valentin directly owns 622 shares of Quanta Services common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction disclosure, neither particularly positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/26/2023 | Restricted stock units were granted. |
| 06/01/2024 | Restricted stock units vested and settled, converting into common stock. |
| 06/04/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.