Quanta Services (PWR) director adds 4,823 shares via RSU exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services director Bernard Fried reported a routine equity compensation event. He exercised 4,823 restricted stock units into shares of Common Stock at a stated price of $0.0000 per share, increasing his direct ownership to 9,606 common shares.
Fried also indirectly holds 12,355 common shares through the Fried Family Revocable Trust. Following this transaction, he continues to hold 15,558 restricted stock units, which are settled in common stock on a one-for-one basis and include units for which settlement has been deferred under a nonqualified deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,823 shares exercised/converted
Mixed
3 txns
Insider
FRIED BERNARD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,823 | $0.00 | -- |
| Exercise | Common Stock | 4,823 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 15,558 shares (Direct, null);
Common Stock — 9,606 shares (Direct, null);
Common Stock — 12,355 shares (Indirect, By Fried Family Revocable Trust)
Footnotes (1)
- The restricted stock units are settled in shares of common stock on a one-for-one basis. The restricted stock units vested on May 28, 2016; however, settlement was deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company. Includes unvested restricted stock units and vested restricted stock units for which settlement has been deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.
Key Figures
RSUs exercised: 4,823 shares
Exercise price: $0.0000 per share
Direct common shares after: 9,606 shares
+3 more
6 metrics
RSUs exercised
4,823 shares
Restricted stock units converted to common stock
Exercise price
$0.0000 per share
Stated price for RSU settlement
Direct common shares after
9,606 shares
Direct holdings following transaction
Indirect common shares
12,355 shares
Held via Fried Family Revocable Trust
RSUs remaining
15,558 units
Restricted stock units following transaction
Exercise events
1 transaction
Derivative exercise/conversion on May 28, 2026
Key Terms
Restricted Stock Units, nonqualified deferred compensation plan, vested restricted stock units, Fried Family Revocable Trust
4 terms
Restricted Stock Units financial
"The restricted stock units are settled in shares of common stock on a one-for-one basis."
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.
nonqualified deferred compensation plan financial
"settlement was deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company."
vested restricted stock units financial
"Includes unvested restricted stock units and vested restricted stock units for which settlement has been deferred"
Fried Family Revocable Trust financial
"By Fried Family Revocable Trust"
FAQ
What insider transaction did Quanta Services (PWR) director Bernard Fried report?
Bernard Fried reported exercising 4,823 restricted stock units into Quanta Services common stock. This compensation-related move increased his direct holdings and reflects settlement of previously granted equity awards rather than an open-market stock purchase or sale.
What happened to Bernard Fried’s restricted stock units in this Quanta Services (PWR) Form 4?
Fried converted 4,823 restricted stock units into common shares at a stated price of zero. He still holds 15,558 restricted stock units, including unvested units and vested awards with settlement deferred under the company’s nonqualified deferred compensation plan.
Were there any open-market stock sales or purchases by Bernard Fried in Quanta Services (PWR)?
The reported activity reflects the exercise and settlement of restricted stock units, not open-market trades. The Form 4 shows no transactions coded as open-market buys or sells, indicating this was a compensation-related equity conversion rather than discretionary trading.
How are Bernard Fried’s Quanta Services (PWR) restricted stock units settled?
The restricted stock units are settled in shares of Quanta Services common stock on a one-for-one basis. Some units vested earlier, but settlement was deferred under a company nonqualified deferred compensation plan, aligning payout timing with the reporting person’s deferral elections.