Quanta director granted 249 RSUs in stock award

FRIED BERNARD reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

FRIED BERNARD reported acquisition or exercise transactions in this Form 4 filing.

Quanta Services director Bernard Fried received a compensation grant of 249 restricted stock units (RSUs). Each RSU is linked to one share of common stock, and in some situations he may choose to settle up to 50% of the units in cash instead of shares.

Unless the award agreement states otherwise, these RSUs vest and are scheduled to settle on June 1, 2027, with an option to defer settlement under the company’s nonqualified deferred compensation plan. After this grant, Fried directly holds a total of 20,381 RSUs, including both unvested units and vested units whose settlement has been deferred.

Insider Trade Summary

Grant/Award: 249 shares

Grant/Award 1 txn

Insider FRIED BERNARD

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	249	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 20,381 contracts (Direct)

Footnotes (3)

1. F1. 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.
2. F2. 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.
3. F3. Includes unvested restricted stock units and vested restricted stock units for which settlement has been 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 Total RSUs after grant: 20,381 units Vesting and settlement date: June 1, 2027 +1 more

4 metrics

RSUs granted 249 units Restricted stock unit award to director Bernard Fried

Total RSUs after grant 20,381 units Direct RSU holdings following the reported transaction

Vesting and settlement date June 1, 2027 Scheduled vesting and settlement of RSU award unless modified or deferred

Cash settlement option Up to 50% of RSUs Portion of RSUs that may be settled in cash instead of shares

Key Terms

Restricted Stock Units, nonqualified deferred compensation plan, vest, settlement has been deferred

4 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"

A nonqualified deferred compensation plan is an arrangement where an employer lets select employees postpone receiving part of their pay or bonuses until a future date, often at retirement, so taxes are paid later. It matters to investors because these payouts are typically unsecured promises by the company—like an internal IOU—so they create future cash obligations and expose the company to extra liability risk if the business falters, and they also reveal how executives are being paid and motivated.

vest financial

"Unless otherwise provided in the award agreement, the restricted stock units vest and settle on June 1, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

settlement has been deferred financial

"Includes unvested restricted stock units and vested restricted stock units for which settlement has been deferred by the reporting person"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Quanta Services (PWR) disclose for Bernard Fried?

Quanta Services disclosed that director Bernard Fried received a grant of 249 restricted stock units. These RSUs represent a stock-based compensation award and are convertible into an equal number of common shares, subject to vesting, settlement, and potential deferral elections allowed under the company’s plans.

When do Bernard Fried’s new Quanta Services (PWR) RSUs vest and settle?

The restricted stock units are scheduled to vest and settle on June 1, 2027, unless the award agreement provides otherwise. Settlement timing can also be adjusted if Fried elects to defer all or part of the RSUs under Quanta Services’ nonqualified deferred compensation plan.

How many Quanta Services (PWR) restricted stock units does Bernard Fried hold after this grant?

After this grant, Bernard Fried directly holds 20,381 restricted stock units in total. This amount includes both unvested RSUs and vested RSUs for which he has elected to defer settlement pursuant to Quanta Services’ nonqualified deferred compensation plan.

How are Bernard Fried’s Quanta Services (PWR) RSUs settled?

Each restricted stock unit is generally settled in one share of Quanta Services common stock. In certain circumstances, Bernard Fried may elect to settle up to 50% of the RSUs in cash instead of shares, providing flexibility in how he receives the award’s value at settlement.

Can Bernard Fried defer settlement of his Quanta Services (PWR) RSUs?

Yes. Settlement of all or a portion of the restricted stock units can be deferred by Bernard Fried. This deferral is made under the terms of Quanta Services’ nonqualified deferred compensation plan, allowing him to delay receipt of shares or cash beyond the scheduled settlement date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/26/2026 - 06:09 PM Learn about SEC filing dates

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^*

FRIED BERNARD

(Last) (First) (Middle)

2727 NORTH LOOP WEST

(Street)

HOUSTON TEXAS 77008-1044

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QUANTA SERVICES, INC. [ PWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Restricted Stock Units	$0(1)	05/21/2026		A		249		(2)	(2)	Common Stock	249	$0	20,381(3)	D

Explanation of Responses:

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.

2. 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.

3. Includes unvested restricted stock units and vested restricted stock units for which settlement has been deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.

Remarks:

	/s/ Jessica L. Sherman, Attorney-in-Fact	05/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)