Quanta Services (PWR) CFO gets stock awards, shares withheld
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Desai Jayshree S
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,833 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,626 | $562.77 | $3.73M |
| Grant/Award | Common Stock | 3,372 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,291 shares (Direct)
Footnotes (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. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company. 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.
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.
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.
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.