Form 4: Quanta Services SVP Paul Nobel Reports Stock Disposal for Tax Obligations

Paul Nobel, Chief Accounting Officer & SVP of Quanta Services, reports disposing of 148 shares of common stock to cover taxes associated with vested restricted stock units.

Summary

• Paul Nobel, Chief Accounting Officer & SVP of Quanta Services, filed a Form 4 on March 11, 2025, reporting a change in beneficial ownership of Quanta Services, Inc. [PWR] stock.
• The transaction occurred on March 9, 2025, where 148 shares of common stock were disposed of to cover taxes associated with the vesting of restricted stock units.
• The shares were disposed of at a price of $246.02 per share.
• Following the transaction, Nobel directly owns 9,941 shares of Quanta Services common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, and it doesn't indicate a significant change in the executive's outlook on the company. Therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested equity compensation, a common occurrence.

Key Dates