MasTec (NYSE: MTZ) director reports stock grant and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MasTec director Robert J. Dwyer reported routine equity compensation activity in company common stock. He received a grant of 95 shares at no cost and had 21 shares withheld by MasTec to cover taxes due upon vesting of restricted stock.
Following these compensation-related entries, he directly holds 20,873 shares of MasTec common stock. The filing reflects standard award and tax-withholding mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dwyer Robert J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 95 | $0.00 | -- |
| Tax Withholding | Common Stock | 21 | $434.77 | $9K |
Holdings After Transaction:
Common Stock — 20,873 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 21 shares
Grant shares: 95 shares
Tax withholding reference price: $434.77 per share
+1 more
4 metrics
Tax-withheld shares
21 shares
Withheld to pay taxes upon vesting of restricted stock
Grant shares
95 shares
Common stock grant/award acquisition
Tax withholding reference price
$434.77 per share
Value used for 21 shares withheld for taxes
Post-transaction holdings
20,873 shares
Common stock directly owned after reported transactions
Key Terms
restricted stock, tax-withholding disposition, Grant, award, or other acquisition, Form 4
4 terms
restricted stock financial
"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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did MasTec (MTZ) director Robert J. Dwyer report?
Robert J. Dwyer reported a stock grant and tax withholding. He received 95 shares of MasTec common stock as a grant, and 21 shares were withheld by the company to pay taxes due upon vesting of restricted stock, reflecting routine compensation activity.
Did the MasTec (MTZ) director make any open-market stock purchases or sales?
The reported transactions were not open-market trades. The Form 4 shows a grant of 95 common shares and a disposition of 21 shares withheld for taxes upon vesting of restricted stock, rather than discretionary buying or selling in the open market.
What does the tax-withholding transaction mean in the MasTec (MTZ) Form 4?
The tax-withholding reflects shares used to pay taxes. The filing notes that 21 shares of MasTec common stock were withheld by the issuer to satisfy taxes due when restricted stock vested, which is a standard, non-market mechanism rather than an open-market sale.