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MasTec accounting chief sells 366 shares for taxes

MasTec's chief accounting officer's sale was described as a tax-withholding transaction tied to restricted-stock vesting, not a discretionary transaction.

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Form Type
4

Rhea-AI Filing Summary

MasTec Inc. Chief Accounting Officer Timothy Michael Love reported a sale of 366 shares of common stock on November 2, 2026, at $198.52 per share. The sale was made under a Rule 10b5-1 plan adopted May 18, 2026, as a “sell to cover” transaction for tax withholding tied to restricted-stock vesting; the footnote says it was not discretionary. After the sale, Love directly held 9,926 shares and held 4,056.42 shares indirectly through the 401(k) Plan.

Insider Love Timothy Michael
Role CAO
Sold 366 shs ($73K)
Share of Position Sold 3.6%
Type Security Shares Price Value
Sale Common Stock F1 366 $198.52 $73K
Holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 9,926 shares (Direct); Common Stock — 4,056.42 shares (Indirect, By 401(k) Plan)
Holdings Before and After: Common Stock, 10,292 to 9,926 shares (Direct)
Footnotes (1)
  1. F1. Sale pursuant to a 10b5-1 plan adopted on May 18, 2026, to cover tax withholding obligations in connection with the vesting of restricted stock. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.
Shares sold 366 shares Common stock sale on November 2, 2026
Sale price $198.52 per share November 2, 2026
Direct shares held after sale 9,926 shares After the November 2, 2026 sale
Indirect shares held through 401(k) Plan 4,056.42 shares Reported November 2, 2026
10b5-1 plan financial
"pursuant to a 10b5-1 plan"
A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.
sell to cover financial
"a "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock financial
"vesting of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

FAQ

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How many MTZ shares did Timothy Michael Love sell, and at what price?

MasTec Chief Accounting Officer Timothy Michael Love sold 366 shares at $198.52 per share on November 2, 2026. The sale was made under a Rule 10b5-1 plan adopted May 18, 2026, to cover tax withholding tied to restricted-stock vesting.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Love Timothy Michael

(Last)(First)(Middle)
800 S DOUGLAS ROAD
12TH FLOOR

(Street)
CORAL GABLES FLORIDA 33134

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MASTEC INC [ MTZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock11/02/2026S366(1)D$198.529,926D
Common Stock4,056.42IBy 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Sale pursuant to a 10b5-1 plan adopted on May 18, 2026, to cover tax withholding obligations in connection with the vesting of restricted stock. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.
Remarks:
\s\ Alberto de Cardenas For: Timothy Michael Love11/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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