Quanta Services director granted 249 RSUs
Kim Joseph reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Kim Joseph reported acquisition or exercise transactions in this Form 4 filing.
QUANTA SERVICES, INC. director Kim Joseph received a grant of 249 restricted stock units. Each unit is tied to one share of common stock, with the award scheduled to vest and settle on June 1, 2027. Joseph may elect to settle up to 50% of the units in cash and can defer settlement under the company’s nonqualified deferred compensation plan. After this grant, Joseph holds 249 restricted stock units directly.
Insider Trade Summary
Grant/Award: 249 shares
Grant/Award
1 txn
Insider
Kim Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 249 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 249 contracts (Direct)
Footnotes (2)
- F1. The restricted stock units are settled in shares of common stock on a one-for-one basis, provided that in certain circumstances the reporting person may elect to settle up to 50% of the restricted stock units in cash.
- F2. Unless otherwise provided in the award agreement, the restricted stock units vest and settle on June 1, 2027. Settlement of all or a portion of the restricted stock units may be deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.
Key Figures
RSUs granted: 249 restricted stock units
Post-transaction RSU holdings: 249 restricted stock units
Settlement ratio: 1 RSU = 1 share common stock
+2 more
5 metrics
RSUs granted
249 restricted stock units
Grant to director Kim Joseph on May 21, 2026
Post-transaction RSU holdings
249 restricted stock units
Total RSUs held directly after grant
Settlement ratio
1 RSU = 1 share common stock
Standard settlement basis for this award
Cash settlement option
Up to 50% of RSUs
Portion the reporting person may elect to settle in cash
Vesting and settlement date
June 1, 2027
Scheduled vesting and settlement for the RSUs
Key Terms
Restricted Stock Units, nonqualified deferred compensation plan, vest and settle, common stock
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
"may be deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company"
A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.
vest and settle financial
"the restricted stock units vest and settle on June 1, 2027"
common stock financial
"settled in shares of common stock on a one-for-one basis"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Quanta Services (PWR) report for Kim Joseph?
Quanta Services reported that director Kim Joseph received 249 restricted stock units as a grant. These units are a form of equity-based compensation tied to the company’s common stock, rather than an open-market purchase or sale of existing shares.
When do Kim Joseph’s 249 RSUs at Quanta Services (PWR) vest and settle?
The 249 restricted stock units are scheduled to vest and settle on June 1, 2027, unless the award agreement provides otherwise. This means the units convert into value on that date, subject to any deferral election under the company’s compensation plan.
How are Kim Joseph’s Quanta Services (PWR) RSUs settled?
The restricted stock units are generally settled in shares of Quanta Services common stock on a one-for-one basis. In certain circumstances, Joseph may elect to settle up to 50% of the RSUs in cash instead of receiving shares for that portion.
Can Kim Joseph defer settlement of Quanta Services (PWR) RSUs?
Settlement of all or part of the restricted stock units may be deferred by Kim Joseph. Any deferral must follow the terms of a nonqualified deferred compensation plan maintained by Quanta Services, potentially shifting when the shares or cash are actually received.
What is Kim Joseph’s RSU position in Quanta Services (PWR) after this Form 4?
Following this equity award, Kim Joseph holds 249 restricted stock units directly. These units represent a right to receive value based on Quanta Services common stock, subject to vesting, settlement mechanics, and any deferral elections permitted under company plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
