Form 4: Quanta Services Executive Gerald A. Ducey Jr. Sells 15,000 Shares
SEC Form 4 Filing
Gerald A. Ducey Jr., President of Strategic Operations at Quanta Services, Inc., sold 15,000 shares of common stock at a weighted average price of $257.93 on August 9, 2024.
Summary
- On August 9, 2024, Gerald A. Ducey Jr., the President of Strategic Operations at Quanta Services, Inc. (PWR), sold 15,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $257.93 per share.
- Following the transaction, Ducey directly owns 21,286 shares of Quanta Services, Inc.
- The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the range of $257.84 to $258.59 upon request.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, they do not always indicate a negative outlook.
Stakeholder Impact
- The sale of shares by a company executive may cause some investors to re-evaluate their positions in the company.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Gerald A. Ducey Jr. sold 15,000 shares of Quanta Services, Inc. common stock. |
| 08/13/2024 | Date of signature for the Form 4 filing. |
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