Form 4: Quanta Services Exec Vests Performance Stock Units

Quanta Services' President of Electric Power, Karl W. Studer, reported the vesting of performance and restricted stock units, alongside shares withheld for tax obligations.

Summary

• Karl W. Studer, President of Electric Power at Quanta Services, Inc. (PWR), acquired 20,143 shares of common stock on February 26, 2026, due to the vesting of earned performance stock units.
• Concurrently, 8,728 shares were disposed of at a price of $562.77 per share to cover tax obligations related to the vesting of these performance stock units.
• An additional 2,448 restricted stock units, which may be settled by an equal number of common stock shares and are subject to time-based vesting and continued employment, were also acquired on February 26, 2026.
• Following these transactions, Studer's direct beneficial ownership of common stock stands at 36,124 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting the successful vesting of performance-based compensation and continued executive alignment with company performance, which is a routine and expected part of executive compensation.

Positives

• The vesting of 20,143 performance stock units indicates the achievement of performance targets by management.
• The acquisition of 2,448 restricted stock units demonstrates continued equity incentive alignment with the company's long-term performance.

Negatives

• 8,728 shares were withheld to cover tax liabilities, reducing the net shares received by the executive.

Industry Context

StockSavvy.ai notes that the vesting of performance and restricted stock units is a standard component of executive compensation packages across various industries, designed to align management incentives with shareholder interests and long-term company performance.

Stakeholder Impact

• Shareholders: The vesting of performance stock units indicates that the company's performance targets, which benefit shareholders, have been met.
• Employees (specifically the executive): The executive receives equity compensation, aligning their interests with the company's long-term success.

Key Dates

Keywords

Quanta Services, PWR, Form 4, insider transaction, stock vesting, performance stock units, restricted stock units, executive compensation, equity incentive plan, Karl W. Studer