MasTec COO reports tax-withholding share disposition
MasTec COO Robert E. Apple reported a routine tax-related share disposition.
Rhea-AI Filing Summary
MasTec COO Robert E. Apple reported a routine tax-related share disposition. On March 10, 2026, 12,206 shares of common stock were withheld by the company at $297.81 per share to cover taxes due upon vesting of restricted stock, rather than sold on the open market.
After this withholding, Apple directly owned 172,043 common shares. He also held 12,068.373 shares indirectly through a 401(k) plan, and 85,750 additional shares had been contributed to The Apple Family Trust, where he and his wife serve as trustees and beneficiaries. The filing reflects compensation and tax settlement activity rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 12,206 | $297.81 | $3.64M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares disposed of represent shares withheld by the Issuer to pay taxes due upon vesting of restricted stock.
- F2. Includes 85,750 shares of MasTec common stock contributed by the reporting person to The Apple Family Trust of which the reporting person and his wife are trustees and beneficiaries.
FAQ
What insider transaction did MasTec (MTZ) COO Robert E. Apple report?
Was the MasTec (MTZ) COO’s Form 4 transaction an open-market sale?
What does the Form 4 say about MasTec (MTZ) restricted stock vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.