Form 4: Quanta Services VP Tax, Dorothy Upperman, Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Dorothy Upperman, VP Tax of Quanta Services, reports disposing of 171 shares of common stock on March 26, 2024, to cover tax obligations related to vested restricted stock units.
Summary
- On March 26, 2024, Dorothy Upperman, VP Tax of Quanta Services, disposed of 171 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 was $255.54.
- Following the transaction, Upperman beneficially owns 14,597 shares of Quanta Services common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This particular filing relates to the standard practice of covering tax obligations associated with equity compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock disposal transaction |
| 03/27/2024 | Date of signature on the Form 4 filing |
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