Quanta Services (NYSE: PWR) CFO reports tax-withholding share disposal
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desai Jayshree S
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,345 | $566.00 | $761K |
Holdings After Transaction:
Common Stock — 59,692 shares (Direct)
Footnotes (1)
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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.
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.