MasTec (NYSE: MTZ) director receives stock award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasTec director Ava L. Parker reported routine equity compensation activity. She received 121 shares of Common Stock as part of her quarterly director compensation, calculated using the closing share price on May 14, 2026, and elected to defer receipt of 60 of those shares under the Issuer's Deferred Fee Plan for Directors. In a separate transaction, 14 shares were withheld by MasTec to pay taxes due upon vesting of restricted stock, a tax-withholding disposition rather than an open-market sale. After these entries, Parker directly holds 5,406 shares of MasTec Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Parker Ava L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 121 | $0.00 | -- |
| Tax Withholding | Common Stock | 14 | $434.77 | $6K |
Holdings After Transaction:
Common Stock — 5,406 shares (Direct, null)
Footnotes (1)
- These shares of Common Stock represent the portion of the reporting person's quarterly compensation that the reporting person was required to or elected to receive in the form of shares of Common Stock. The number of shares was calculated based on the closing price of a share of Common Stock on May 14, 2026. Pursuant to the Issuer's Deferred Fee Plan for Directors, the reporting person elected to defer the receipt of 60 of such shares to a future date in accordance with the terms of such plan. Shares disposed of represent shares withheld by the Issuer to pay taxes due upon vesting of restricted stock.
Key Figures
Stock grant: 121 shares
Deferred shares: 60 shares
Tax withholding shares: 14 shares
+2 more
5 metrics
Stock grant
121 shares
Quarterly director compensation in Common Stock
Deferred shares
60 shares
Deferred under Deferred Fee Plan for Directors
Tax withholding shares
14 shares
Withheld to pay taxes on restricted stock vesting
Post-transaction holdings
5,406 shares
Common Stock held directly after Form 4 transactions
Reference price per share
$434.77 per share
Price used for 14-share tax-withholding disposition
Key Terms
Deferred Fee Plan for Directors, restricted stock, tax-withholding disposition, grant, award, or other acquisition
4 terms
Deferred Fee Plan for Directors financial
"Pursuant to the Issuer's Deferred Fee Plan for Directors, the reporting person elected to defer the receipt of 60 of such shares"
restricted stock financial
"Shares disposed of represent shares withheld by the Issuer to pay taxes due upon 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did MasTec (MTZ) director Ava L. Parker report in this Form 4?
Ava L. Parker reported routine equity compensation and tax withholding entries. She received Common Stock as part of her quarterly director compensation and had a small number of shares withheld by MasTec to cover taxes on vested restricted stock, with no open-market buying or selling involved.
Were Ava L. Parker’s MasTec (MTZ) Form 4 transactions open-market trades?
No, the transactions were compensation-related and tax withholding only. The filing shows a grant of Common Stock as quarterly director compensation and a small share withholding to cover taxes on restricted stock vesting, with no open-market purchases or sales reported.