Form 4: Quanta Services Executive Karl W. Studer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Karl W. Studer, President of Electric Power at Quanta Services, Inc., disposed of 688 shares of common stock on March 9, 2025, to cover taxes associated with the vesting of restricted stock units.
Summary
- On March 9, 2025, Karl W. Studer, President of Electric Power at Quanta Services, Inc., disposed of 688 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 disposal was $246.02.
- Following the transaction, Studer directly owns 22,261 shares of Quanta Services common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily reflect a change in the company's outlook or strategy.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the company's fundamentals.
Key Dates
| Date | Description |
|---|---|
| 03/09/2025 | Date of stock disposal transaction. |
| 03/11/2025 | Date of signature by Attorney-in-Fact. |
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