STOCK TITAN

Quanta Services (NYSE: PWR) CFO reports tax-withholding share disposal

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Quanta Services, Inc. Chief Financial Officer Jayshree S. Desai reported a Form 4 transaction involving company common stock. On March 4, 2026, 1,345 shares of common stock were disposed of at a reported price of $566 per share.

According to the filing, this was a tax-withholding disposition, where shares were withheld to cover taxes associated with the vesting of restricted stock units under the company’s equity incentive plan, rather than an open-market sale. After this transaction, Desai held 59,692 shares of Quanta Services common stock directly.

Positive

  • None.

Negative

  • None.
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*
Desai Jayshree S

(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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 F 1,345(1) D $566 59,692 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 were withheld to cover taxes associated with the vest of restricted stock units issued under an equity incentive plan of the Company.
Remarks:
/s/ Jessica L. Sherman, Attorney-in-Fact 03/06/2026
** 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.

FAQ

What insider transaction did Quanta Services (PWR) disclose on this Form 4?

Quanta Services disclosed that CFO Jayshree S. Desai had 1,345 shares of common stock withheld at $566 per share to cover taxes from restricted stock unit vesting, classified as a tax-withholding disposition rather than an open-market sale.

Who is the insider involved in Quanta Services (PWR) Form 4 filing?

The insider is Jayshree S. Desai, Chief Financial Officer of Quanta Services, Inc. The Form 4 reports a tax-withholding disposition of shares tied to vesting restricted stock units under the company’s equity incentive plan, not a discretionary market trade.

How many Quanta Services (PWR) shares were disposed of for tax withholding?

The filing shows 1,345 shares of Quanta Services common stock were disposed of in a tax-withholding transaction at a reported price of $566 per share, to satisfy tax obligations related to restricted stock unit vesting under an equity incentive plan.

Did the Quanta Services (PWR) CFO sell shares on the open market?

The transaction is described as a tax-withholding disposition, not an open-market sale. Shares were withheld to cover taxes associated with vesting restricted stock units granted under Quanta Services’ equity incentive plan, rather than being sold at the CFO’s discretion.

How many Quanta Services (PWR) shares does the CFO hold after this Form 4 transaction?

After the tax-withholding disposition, CFO Jayshree S. Desai directly owned 59,692 shares of Quanta Services common stock. This figure reflects her direct holdings immediately following the transaction reported in the Form 4 filing dated March 4, 2026.

What does transaction code "F" mean in the Quanta Services (PWR) Form 4?

Transaction code “F” indicates payment of tax liability or exercise price by delivering or withholding securities. In this case, Quanta Services used shares linked to restricted stock unit vesting to cover the CFO’s associated tax obligations, rather than executing an open-market trade.
Quanta Services

NYSE:PWR

PWR Rankings

PWR Latest News

PWR Latest SEC Filings

PWR Stock Data

82.17B
147.61M
Engineering & Construction
Electrical Work
Link
United States
HOUSTON