Quanta Services (PWR) director receives 249 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ladhani Holli C. reported acquisition or exercise transactions in this Form 4 filing.
Quanta Services director Holli C. Ladhani received a grant of 249 restricted stock units (RSUs), each tied to one share of common stock. After this grant, she holds 808 RSUs. The units generally vest and settle on June 1, 2027, with an option to defer settlement and to take up to 50% in cash instead of shares under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ladhani Holli C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 249 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 808 shares (Direct, null)
Footnotes (1)
- 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. 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 units
RSUs after grant: 808 units
Vesting and settlement date: June 1, 2027
+1 more
4 metrics
RSUs granted
249 units
Restricted stock units granted on May 21, 2026
RSUs after grant
808 units
Total restricted stock units held following transaction
Vesting and settlement date
June 1, 2027
Scheduled vesting and settlement for the RSUs
Cash settlement limit
50% of RSUs
Maximum portion of RSUs that may be settled in cash
Key Terms
Restricted Stock Units, nonqualified deferred compensation plan, vest and settle
3 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
"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"
vest and settle financial
"the restricted stock units vest and settle on June 1, 2027"
FAQ
What insider transaction did Quanta Services (PWR) report for Holli C. Ladhani?
Quanta Services reported that director Holli C. Ladhani received a grant of 249 restricted stock units. These RSUs represent a form of stock-based compensation and increase her total RSU holdings to 808 units tied to Quanta common shares.
When do Holli C. Ladhani’s new Quanta Services RSUs vest and settle?
The restricted stock units generally vest and settle on June 1, 2027. This future vesting date means Ladhani’s ability to receive the underlying Quanta common shares, or cash where allowed, is tied to continued service and award conditions through that date.
How are Holli C. Ladhani’s Quanta Services RSUs settled?
Each restricted stock unit is settled on a one-for-one basis in Quanta common stock. However, in certain circumstances, Ladhani may elect to settle up to 50% of the RSUs in cash instead of shares, according to the award’s terms.
Can Holli C. Ladhani defer settlement of her Quanta Services RSUs?
Yes. Settlement of all or a portion of the restricted stock units may be deferred. This deferral is available under a nonqualified deferred compensation plan maintained by Quanta Services, allowing timing of income recognition to be adjusted within plan rules.
How many Quanta Services RSUs does Holli C. Ladhani hold after this grant?
Following the grant of 249 restricted stock units, Holli C. Ladhani holds a total of 808 RSUs. These units are a form of equity-based compensation that can convert into Quanta common shares or, partly, cash when they vest and settle.
Is Holli C. Ladhani’s RSU transaction a market purchase or sale of Quanta Services stock?
No. The Form 4 shows a grant of 249 restricted stock units as compensation, not an open-market buy or sell. The RSUs will convert into shares or partial cash in the future when they vest, subject to the award’s terms.