Form 4: Quanta Services Executive Karl W. Studer Sells Shares in Recent Transactions
SEC Form 4 Filing
Karl W. Studer, President of Electric Power at Quanta Services, Inc., recently sold shares of the company's common stock in a series of transactions.
Summary
- On August 21, 2024, Karl W. Studer, President of Electric Power at Quanta Services, Inc., sold shares of the company's common stock.
- The sales were executed in multiple transactions at weighted average prices of $268.97, $270.09, and $271.15.
- Studer sold 613 shares at an average price of $268.97, 12,805 shares at an average price of $270.09, and 9,939 shares at an average price of $271.15.
- Following these transactions, Studer directly owns 10,631 shares of Quanta Services, Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a standard transaction. Insider sales can sometimes be interpreted negatively, but without further context, it's a routine event.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of the stock sale transactions |
| 08/23/2024 | Date of signature by Attorney-in-Fact |
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