STOCK TITAN

Quanta Services (NYSE: PWR) EVP gets stock awards, with shares withheld for taxes

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quanta Services EVP and General Counsel Wayne Donald reported equity compensation activity in common stock on February 26, 2026. The filing shows grants tied to vested performance stock units and new restricted stock units, plus 3,616 shares withheld to cover taxes, leaving direct holdings of 40,796 shares.

Positive

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Negative

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Insider WAYNE DONALD
Role EVP and General Counsel
Type Security Shares Price Value
Grant/Award Common Stock 9,169 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 3,616 $562.77 $2.03M
Grant/Award Common Stock 1,168 $0.00 $0.00
Holdings After Transaction: Common Stock — 40,796 shares (Direct)
Footnotes (3)
  1. F1. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
  2. F2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
  3. F3. These shares represent restricted stock units that may be settled solely by the issuance of an equal number of shares of common stock of the Company and remain subject to vesting based on the passage of time and continued employment.
Performance unit share grant 9,169 shares Common stock from vested performance stock units on February 26, 2026
Tax-withholding shares 3,616 shares Common shares withheld to cover taxes on performance unit vesting
Restricted stock units granted 1,168 shares RSUs that may settle in common stock, subject to time-based vesting
Tax-withholding price $562.7700 per share Per-share value used for tax-withholding disposition of 3,616 shares
Post-transaction holdings 40,796 shares Direct common stock held by Wayne Donald after reported transactions
performance stock units financial
"acquisition of common stock resulting from the vesting of earned performance stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock units financial
"shares represent restricted stock units that may be settled solely by the issuance"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
equity incentive plan financial
"performance stock units issued under an equity incentive plan of the Company"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Quanta Services (PWR) EVP Wayne Donald report in this Form 4?

Wayne Donald reported equity awards, including 9,169 common shares from vested performance stock units and 1,168 restricted stock units, plus 3,616 shares withheld for taxes, resulting in 40,796 common shares held directly.

Are Wayne Donald’s Quanta Services (PWR) transactions open-market trades?

No. The reported activity reflects equity awards and tax withholding, not open-market buying or selling. Shares came from performance and restricted stock units under an equity incentive plan, with 3,616 shares withheld to satisfy associated tax obligations.

How many Quanta Services (PWR) shares were granted from performance units?

The filing notes an acquisition of common stock tied to earned performance stock units, totaling 9,169 shares. These shares were issued under an equity incentive plan when the performance units vested, increasing Wayne Donald’s direct common stock holdings.

What restricted stock units did Wayne Donald receive from Quanta Services (PWR)?

Wayne Donald received 1,168 restricted stock units that may settle into an equal number of common shares. These units remain subject to vesting based on the passage of time and continued employment with Quanta Services.

How were taxes handled on Wayne Donald’s Quanta Services (PWR) awards?

Taxes related to the vesting of performance stock units were covered by withholding 3,616 common shares. This tax-withholding disposition reduced the gross shares delivered while satisfying the tax liability associated with the equity compensation.

What is Wayne Donald’s Quanta Services (PWR) stock position after these transactions?

After the reported grants and tax withholding, Wayne Donald holds 40,796 shares of Quanta Services common stock directly. This figure reflects his post-transaction position as reported in the filing’s holdings information.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WAYNE DONALD

(Last) (First) (Middle)
2727 NORTH LOOP WEST

(Street)
HOUSTON TX 77008-1044

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUANTA SERVICES, INC. [ PWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 A 9,169(1) A $0 43,244 D
Common Stock 02/26/2026 F 3,616(2) D $562.77 39,628 D
Common Stock 02/26/2026 A 1,168(3) A $0 40,796 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
3. These shares represent restricted stock units that may be settled solely by the issuance of an equal number of shares of common stock of the Company and remain subject to vesting based on the passage of time and continued employment.
Remarks:
/s/ Matthew D. McCoy, Attorney-in-Fact 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.