Form 4: Quanta Services Executive Gerald A. Ducey Jr. Reports Stock Transaction

Gerald A. Ducey Jr., President of Strategic Operations at Quanta Services, Inc., reports the disposal of 409 shares of common stock to cover taxes associated with vested restricted stock units.

Summary

• On March 9, 2024, Gerald A. Ducey Jr., President Strategic Operations at Quanta Services, Inc., disposed of 409 shares of common stock.
• The transaction was executed to cover taxes associated with the vesting of restricted stock units under the company's equity incentive plan.
• The price per share for the transaction was $242.06.
• Following the transaction, Ducey directly owns 36,704 shares of Quanta Services, Inc. common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment, but rather reflects normal executive compensation practices.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related stock disposal following the vesting of restricted stock units, a common practice in executive compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock disposal by an executive.

Key Dates