MasTec (MTZ) CAO boosts holdings with 492-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Love Timothy Michael reported acquisition or exercise transactions in this Form 4 filing.
MasTec Inc. Chief Accounting Officer Timothy Michael Love received a grant of 492 shares of common stock on March 17, 2026 at no cost, increasing his direct holdings to 10,292 shares. He also holds 4,033.092 shares of common stock indirectly through a 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Love Timothy Michael
Role
CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 492 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,292 shares (Direct);
Common Stock — 4,033.092 shares (Indirect, By 401(k) Plan)
Footnotes (1)
Key Figures
Stock grant: 492 shares
Direct holdings after grant: 10,292 shares
Indirect 401(k) holdings: 4,033.092 shares
3 metrics
Stock grant
492 shares
Common Stock grant on March 17, 2026 at $0.00
Direct holdings after grant
10,292 shares
Common Stock directly owned by CAO after transaction
Indirect 401(k) holdings
4,033.092 shares
Common Stock held indirectly by 401(k) Plan
Key Terms
Common Stock, Grant, award, or other acquisition, 401(k) Plan
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
401(k) Plan financial
"nature_of_ownership: "By 401(k) Plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did MasTec (MTZ) report for Timothy Michael Love?
MasTec reported that CAO Timothy Michael Love received a grant of 492 shares of common stock. The award was recorded at a price of $0.00 per share and increased his directly held stake in MasTec to 10,292 common shares following the transaction.
Was the March 17, 2026 MasTec (MTZ) insider transaction a purchase or a grant?
The March 17, 2026 transaction for MasTec’s CAO was a grant or award acquisition, not an open-market purchase. The Form 4 labels the code as a grant with 492 shares received at $0.00 per share, indicating compensation-related stock rather than a cash-funded trade.
How is Timothy Michael Love’s 401(k) ownership in MasTec (MTZ) reported?
The filing reports 4,033.092 MasTec common shares held indirectly by Timothy Michael Love through a 401(k) Plan. This entry is classified as indirect ownership with the nature of ownership specified as “By 401(k) Plan,” separate from his 10,292 directly held common shares.