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MasTec, Inc. is soliciting proxies for its 2026 virtual-only annual meeting, where shareholders will vote on three director nominees, ratify PricewaterhouseCoopers LLP as auditor for 2026, and approve a non-binding advisory resolution on executive compensation.
The proxy highlights record 2025 results, including revenue of $14.3 billion, net income of $422 million, Adjusted EBITDA of $1.2 billion, diluted EPS of $5.07 and Adjusted diluted EPS of $6.55, along with an 18‑month backlog of $19.0 billion and liquidity of $2.1 billion. It emphasizes long-term growth in clean energy and infrastructure, investment-grade credit ratings, extensive sustainability and safety programs, and a diverse, majority-independent board. The filing also describes director and executive pay structures, board committees, and governance practices such as anti-hedging policies, stock ownership guidelines and a say‑on‑pay framework aligning leadership incentives with shareholder outcomes.
MasTec Inc. director Javier Alberto Palomarez sold shares in an open-market trade. On March 25, 2026, he sold 950 shares of MasTec common stock at $325.43 per share. After this transaction, he directly owned 10,592 shares of MasTec common stock, indicating he retained a substantial position.
MasTec Inc ownership disclosure: The Vanguard Group amended its Schedule 13G to report 0 shares beneficially owned and 0% of MasTec Inc common stock following an internal realignment effective January 12, 2026. The filing states certain Vanguard subsidiaries will report holdings separately in reliance on SEC Release No. 34-39538.
MasTec Inc. submitted a Form 144 notice for a proposed sale of common stock via Edward Jones. The filing lists a proposed sale of 950 shares with an aggregate offering price of $306,897.00 and a filing date of 03/25/2026 on the NYSE.
The securities reported were acquired as Director Compensation on multiple dates, including grants of 237 shares on 02/14/2025 and 11/15/2024, 290 shares on 08/15/2024, 176 shares on 05/15/2024, and 10 shares on 05/20/2021.
DiMarco Paul reported acquisition or exercise transactions in this Form 4 filing.
MasTec CFO Paul DiMarco received a grant of 9,074 shares of MasTec common stock on March 18, 2026. The award was recorded at a price of $0.0000 per share, indicating a compensation-related share grant rather than an open‑market purchase.
After this grant, DiMarco directly owns 66,627 common shares. He also has 10,012.933 shares held indirectly through a 401(k) plan, which includes 4,575 shares contributed to the Paul DiMarco Revocable Trust, where he is sole trustee and sole beneficiary.
Apple Robert E reported acquisition or exercise transactions in this Form 4 filing.
MasTec COO Robert E. Apple reported an equity award of 11,548 shares of common stock granted on March 18, 2026 with no cash price per share. Following this grant, he directly holds 183,591 common shares.
He also has indirect ownership of 12,068.373 common shares through a 401(k) plan. The direct holdings figure includes 85,750 MasTec shares contributed to The Apple Family Trust, where he and his wife serve as trustees and beneficiaries.
de Cardenas Alberto reported acquisition or exercise transactions in this Form 4 filing.
MasTec Inc. executive vice president and general counsel Alberto de Cardenas received a stock grant of 6,269 shares of Common Stock on March 18, 2026, at no cash cost per share. This compensation-related award is not an open-market purchase.
After the grant, he directly owns 102,780 Common Stock shares. He also has an indirect position of 8,083.719 shares held through a 401(k) Plan, reflecting retirement-plan holdings in addition to his direct stake.
MAS JORGE reported acquisition or exercise transactions in this Form 4 filing.
MASTEC INC director Jorge Mas received a grant of 15,838 shares of Common Stock on March 18, 2026, as a compensation-related award at no stated price. Following this grant, he directly holds 4,556,686 shares.
He also reports several indirect holdings. These include shares held by the Jorge Mas Irrevocable Family Trust dated August 7, 2018, Mas Equity Partners III, LLC, the Mas Family Foundation, Inc., and Jorge Mas Holdings I, LLC. In multiple cases he disclaims beneficial ownership of the indirectly held shares, except to the extent of any pecuniary interest described.
MAS JOSE RAMON reported acquisition or exercise transactions in this Form 4 filing.
MasTec Inc. CEO Jose Ramon Mas received a stock award of 26,397 shares of Common Stock on March 18, 2026. The shares were granted at no cash cost to him as compensation rather than purchased on the open market. Following this award, he directly owns 3,254,461 MasTec common shares, and the filing also notes additional indirect holdings through related entities and family trust arrangements.