[8-K] MasTec, Inc. Reports Material Event

Rhea-AI Filing Summary

Galaxy Digital Inc. (GLXY) Form 144 filing: insider Dominic Docherty intends to sell up to 56,181 Class A shares through Fidelity Brokerage on or after 31 Jul 2025 via Nasdaq. At the filing’s reference price, the stake is worth roughly $1.63 million and equals just 0.04 % of the 130.9 million shares outstanding.

The shares derive from restricted-stock vesting on 25 Jul 2025 and are being disposed as compensation-related liquidity. The same seller already disposed of 239,100 shares for $4.59 million on 5 Jun 2025, suggesting an ongoing diversification program.

No operational or financial metrics for Galaxy Digital are provided; the filing solely alerts investors to prospective insider selling under Rule 144.

Positive

• None.

Negative

• Continued insider selling: 56,181 additional shares filed for sale after 239,100 shares recently sold, potentially signaling reduced insider confidence.

Insights

Securities Analyst

TL;DR: Small (0.04 % float) insider sale; sentiment mildly negative but not fundamentally material unless pattern accelerates.

The proposed 56 k-share sale represents minimal float dilution and appears linked to routine vesting. Nonetheless, coupled with the prior 239 k-share disposal, it reflects a continuing liquidation trend that traders may interpret as waning insider confidence. Volume is unlikely to move the stock alone, yet recurring sales can cap near-term rallies. No new corporate data is revealed, so valuation drivers remain unchanged; impact: neutral-to-slightly negative.

Portfolio Manager

TL;DR: Consecutive insider sales raise a red flag; watch for further filings.

While 56 k shares is immaterial to Galaxy Digital’s capital structure, the cumulative 295 k shares sold within three months (~$6.2 m) may pressure market sentiment. Persistent selling, even under 10b5-1 or Rule 144, can signal management’s limited conviction at current valuations, prompting risk-adjusted position sizing. Given crypto-linked stocks’ volatility, I classify the news as a modest negative until insider sale cadence subsides.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 31, 2025

___________________________________

MasTec, Inc.

(Exact Name of Registrant as Specified in Its Charter)

___________________________________

Florida			001-08106			65-0829355
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(IRS Employer Identification No.)

800 S. Douglas Road, 12th Floor

Coral Gables, Florida 33134

(Address of Principal Executive Office)

Registrant's telephone number, including area code (305) 599-1800

(Former Name or Former Address, if Changed Since Last Report)

___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Common Stock, $0.10 Par Value

MTZ

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐

ITEM 2.02 Results of Operations and Financial Condition.

The information contained in Item 7.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.02.

ITEM 7.01 Regulation FD Disclosure.

On July 31, 2025, MasTec, Inc., a Florida corporation (the “Company”), announced its financial results for the six months and quarter ended June 30, 2025. In addition, the Company issued guidance for the quarter ending September 30, 2025 and year ending December 31, 2025, in each case as set forth in the earnings press release. A copy of the Company’s earnings press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference in this Item 7.01. The information contained in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” with the Securities and Exchange Commission nor incorporated by reference in any registration statement filed by the Company under the Securities Act of 1933, as amended.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number

Description

99.1

Press Release, July 31, 2025

104

The cover page of MasTec, Inc.’s Current Report on Form 8-K, formatted in Inline XBRL (included with the Exhibit 101 attachments).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MASTEC, INC.

Date:

July 31, 2025

By:

/s/ Alberto de Cardenas

Name:

Alberto de Cardenas

Title:

Executive Vice President, General Counsel and Secretary

FAQ

How many Galaxy Digital (GLXY) shares are proposed for sale in this Form 144?

The filing covers 56,181 Class A shares.

What is the estimated market value of the proposed GLXY share sale?

The aggregate market value stated is approximately $1.63 million.

When will the Galaxy Digital shares be sold?

The approximate sale date disclosed is 31 July 2025.

Who is selling the shares reported in the Form 144?

Dominic Docherty, an insider listed at 300 Vesey St., New York, NY, is the seller.

How many Galaxy Digital shares has the insider sold in the past three months?

The filing notes a prior sale of 239,100 shares on 5 June 2025.

What percentage of Galaxy Digital’s outstanding shares does the new sale represent?

Roughly 0.04 % of the 130.9 million shares outstanding.