Quanta CEO Earl Austin reports major share sales
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.
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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
| 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 | $0.00 |
Footnotes (21)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
- F14. 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.
- F15. 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.
- F16. 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.
- F17. 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.
- F18. 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.
- F19. 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.
- F20. 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.
- F21. 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
Key Terms
bona fide gift financial
weighted average price financial
open-market sale financial
indirect financial
Form 4 regulatory
FAQ
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What insider transactions did Quanta Services (PWR) CEO Earl C. Austin Jr. report?
What is the significance of the bona fide gift reported for Quanta Services (PWR)?
Were any derivatives or stock options exercised in this Quanta Services (PWR) Form 4?
Are the Quanta Services (PWR) CEO’s sales direct or through another entity?
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