Quanta Services (NYSE: PWR) CEO Earl Austin sells 155,992 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services, Inc. President and CEO Earl C. Austin Jr., through C4M3, LLC, reported open-market sales of 155,992 shares of Quanta common stock on May 5, 2026, at weighted-average prices generally around $765–$778 per share, plus a bona fide gift of 4,008 shares by C4M3, LLC. After these transactions, he held 681,402 shares directly and 41,470 shares indirectly through C4M3, LLC.
Positive
- None.
Negative
- None.
Insights
Quanta’s CEO reported sizable share sales and a smaller gift, while retaining a large equity stake.
The filing shows Earl C. Austin Jr., President and CEO of Quanta Services, with entities associated to him selling 155,992 shares of common stock in multiple open-market transactions on May 5, 2026. Sale prices were reported as weighted averages across narrow intraday ranges near $770 per share.
In addition, C4M3, LLC, an entity associated with Austin, made a bona fide gift of 4,008 shares. Following these moves, Austin still holds 681,402 shares directly and 41,470 shares indirectly via C4M3, LLC, indicating a substantial remaining ownership position. The filing does not reference any option exercises or derivative positions.
Insider Trade Summary
Net Seller: 155,992 shares ($120,216,530)
Net Sell
27 txns
Insider
Austin Earl C. Jr.
Role
President and CEO
Sold
155,992 shs ($120.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,509 | $765.14 | $4.22M |
| Sale | Common Stock | 1,523 | $766.91 | $1.17M |
| Sale | Common Stock | 4,062 | $767.68 | $3.12M |
| Sale | Common Stock | 30,478 | $768.66 | $23.43M |
| Sale | Common Stock | 27,368 | $769.41 | $21.06M |
| Sale | Common Stock | 21,329 | $770.70 | $16.44M |
| Sale | Common Stock | 10,712 | $771.44 | $8.26M |
| Sale | Common Stock | 5,286 | $772.51 | $4.08M |
| Sale | Common Stock | 3,098 | $773.61 | $2.40M |
| Sale | Common Stock | 4,562 | $774.77 | $3.53M |
| Sale | Common Stock | 5,313 | $775.77 | $4.12M |
| Sale | Common Stock | 7,768 | $776.73 | $6.03M |
| Sale | Common Stock | 2,992 | $777.60 | $2.33M |
| Sale | Common Stock | 1,030 | $765.14 | $788K |
| Sale | Common Stock | 305 | $766.92 | $234K |
| Sale | Common Stock | 998 | $767.74 | $766K |
| Sale | Common Stock | 6,382 | $768.71 | $4.91M |
| Sale | Common Stock | 4,846 | $769.47 | $3.73M |
| Sale | Common Stock | 4,354 | $770.72 | $3.36M |
| Sale | Common Stock | 2,187 | $771.47 | $1.69M |
| Sale | Common Stock | 1,121 | $772.58 | $866K |
| Sale | Common Stock | 545 | $773.69 | $422K |
| Sale | Common Stock | 934 | $774.77 | $724K |
| Sale | Common Stock | 1,086 | $775.77 | $842K |
| Sale | Common Stock | 1,590 | $776.73 | $1.24M |
| Sale | Common Stock | 614 | $777.60 | $477K |
| Gift | Common Stock | 4,008 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 681,402 shares (Direct, null);
Common Stock — 41,470 shares (Indirect, C4M3, LLC)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $765.00 to $765.997. The reporting person undertakes to provide to Quanta Services, Inc., any security holder of Quanta Services, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this and the following footnotes. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $766.043 to $767.04. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.05 to $768.035. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $768.06 to $769.055. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $769.06 to $770.05. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $770.08 to $771.074. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $771.08 to $772.06. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $772.085 to $773.07. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $773.10 to $774.065. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $774.21 to $775.205. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $775.25 to $776.235. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $776.25 to $777.138. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $777.38 to $777.855. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $767.09 to $768.085. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $768.095 to $769.091. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $769.095 to $770.09. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $770.10 to $771.095. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $771.10 to $772.095. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $772.12 to $773.105. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $773.135 to $774.065. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $777.38 to $777.85.
Key Figures
Shares sold: 155,992 shares
Shares gifted: 4,008 shares
Example sale price: $777.60 per share
+3 more
6 metrics
Shares sold
155,992 shares
Total open-market sales on May 5, 2026
Shares gifted
4,008 shares
Bona fide gift by C4M3, LLC on May 5, 2026
Example sale price
$777.60 per share
One reported weighted average sale price on May 5, 2026
Direct holdings after transactions
681,402 shares
Shares held directly by Earl C. Austin Jr. post-trade
Indirect holdings after transactions
41,470 shares
Shares held indirectly via C4M3, LLC post-trade
Net share change
-155,992 shares
Net buy/sell shares from transactionSummary
Key Terms
bona fide gift, weighted average price, open-market sale, indirect, +1 more
5 terms
bona fide gift financial
"transaction_action": "gift transfer" and transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale", transaction_code_description": "Sale in open market or private transaction""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect financial
"direct_or_indirect": "I", "ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Quanta Services (PWR) CEO Earl C. Austin Jr. report?
Earl C. Austin Jr. reported multiple open-market sales totaling 155,992 shares of Quanta common stock on May 5, 2026, plus a bona fide gift of 4,008 shares made through C4M3, LLC, an entity associated with him.
What is the significance of the bona fide gift reported for Quanta Services (PWR)?
The Form 4 shows a G transaction code for a bona fide gift of 4,008 shares of Quanta common stock by C4M3, LLC. A gift disposition transfers shares without sale proceeds and is distinct from the separate open-market sale transactions.
Were any derivatives or stock options exercised in this Quanta Services (PWR) Form 4?
No derivative exercises are listed in the provided data. The transactionSummary shows exerciseCount = 0 and exerciseShares = 0, indicating no option or other derivative exercises were reported in this particular Form 4 filing.
Are the Quanta Services (PWR) CEO’s sales direct or through another entity?
The Form 4 reports sales both indirectly through C4M3, LLC and directly by Earl C. Austin Jr. Entries marked with ownership code I relate to C4M3, LLC, while those with code D reflect his direct holdings.