STOCK TITAN

Quanta Services (PWR) CFO gets stock awards, shares withheld

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

Rhea-AI Filing Summary

Quanta Services Chief Financial Officer Jayshree S. Desai reported equity compensation-related stock movements. On February 26, 2026, she acquired 16,833 shares of common stock from the vesting of earned performance stock units under the company’s equity incentive plan. On the same date, 6,626 shares were disposed of to cover taxes associated with that vesting, at a price of $562.77 per share. She also received 3,372 restricted stock units that may be settled in an equal number of common shares and that remain subject to time-based vesting and continued employment. Following these transactions, she directly held 61,037 shares of Quanta Services common stock.

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)
02/26/2026
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 02/26/2026 A 16,833(1) A $0 64,291 D
Common Stock 02/26/2026 F 6,626(2) D $562.77 57,665 D
Common Stock 02/26/2026 A 3,372(3) A $0 61,037 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 represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
3. These shares represent restricted stock units that may be settled solely by the issuance of an equal number of shares of common stock of the Company and remain subject to vesting based on the passage of time and continued employment.
Remarks:
/s/ Jessica L. Sherman, Attorney-in-Fact 03/02/2026
** 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 did Quanta Services (PWR) CFO Jayshree Desai report in this Form 4?

Quanta Services CFO Jayshree Desai reported equity compensation-related transactions. She received vested performance stock units and new restricted stock units, and had some shares withheld to pay taxes. All movements involved company equity awards, not open-market stock purchases or sales.

How many Quanta Services (PWR) shares did the CFO acquire through awards?

The CFO acquired 16,833 shares from the vesting of earned performance stock units and 3,372 restricted stock units. These awards were granted under Quanta Services’ equity incentive plans and are part of her compensation, with the restricted stock units subject to future vesting conditions.

Why were some Quanta Services (PWR) shares disposed of in this filing?

6,626 Quanta Services shares were disposed of to cover taxes tied to vesting performance stock units. This “F” code transaction represents shares withheld for tax obligations rather than an open-market sale, and is a common feature of stock-based compensation programs.

What are the terms of the restricted stock units reported for Quanta (PWR) CFO?

The 3,372 restricted stock units may be settled solely in an equal number of Quanta common shares. They remain subject to vesting based on the passage of time and continued employment, meaning the CFO must stay with the company and wait for the vesting schedule.

How many Quanta Services (PWR) shares does the CFO hold after these transactions?

After these equity compensation transactions, the CFO directly holds 61,037 shares of Quanta Services common stock. This figure reflects the net result of vested performance stock units, shares withheld for taxes, and the grant of new restricted stock units on the reported date.

Were there any open-market buys or sells by Quanta (PWR) CFO in this Form 4?

The Form 4 shows no open-market purchases or sales by the CFO. Reported movements are grants and vesting of performance and restricted stock units, plus shares withheld for tax liabilities, all under Quanta Services’ equity incentive compensation arrangements.
Quanta Services

NYSE:PWR

PWR Rankings

PWR Latest News

PWR Latest SEC Filings

PWR Stock Data

83.96B
147.61M
Engineering & Construction
Electrical Work
Link
United States
HOUSTON