Quanta Services (NYSE: PWR) director receives 249 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WYRSCH MARTHA B reported acquisition or exercise transactions in this Form 4 filing.
Quanta Services director Martha B. Wyrsch received a grant of 249 restricted stock units linked to Quanta common stock. After this award, she holds 808 restricted stock units. Each unit is generally settled one-for-one in common shares, although up to 50% may instead be settled in cash.
These restricted stock units are scheduled to vest and settle on June 1, 2027, under the terms of the award agreement. Settlement of all or part of the units can also be deferred by Wyrsch under a nonqualified deferred compensation plan maintained by the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WYRSCH MARTHA B
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
Total RSUs after grant: 808 units
Vesting and settlement date: June 1, 2027
+1 more
4 metrics
RSUs granted
249 units
Restricted stock units granted to director on May 21, 2026
Total RSUs after grant
808 units
Restricted stock units held following the reported transaction
Vesting and settlement date
June 1, 2027
Scheduled vesting and settlement for the restricted stock units
Cash settlement option
Up to 50% of units
Portion of RSUs that may be settled in cash instead of shares
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 Martha B. Wyrsch?
Quanta Services reported that director Martha B. Wyrsch received 249 restricted stock units. These units represent a stock-based compensation award tied to Quanta common shares and increased her total restricted stock unit holdings to 808 following the transaction.
How many Quanta Services restricted stock units does Martha B. Wyrsch hold after this Form 4?
Following the reported transaction, Martha B. Wyrsch holds 808 restricted stock units. This reflects the addition of 249 newly granted units, which are tied to Quanta Services common stock and subject to future vesting and settlement conditions.
When do Martha B. Wyrsch’s new Quanta Services restricted stock units vest?
The restricted stock units granted to Martha B. Wyrsch are scheduled to vest and settle on June 1, 2027. This vesting timeline is set by the award agreement and can interact with optional deferral under a company nonqualified deferred compensation plan.
How are Martha B. Wyrsch’s Quanta restricted stock units settled under this award?
Each restricted stock unit is generally settled in one share of Quanta common stock. In certain circumstances, Wyrsch may elect to settle up to 50% of the units in cash instead of shares, providing flexibility in how the award is ultimately realized.
Can Martha B. Wyrsch defer settlement of her Quanta Services restricted stock units?
Settlement of all or a portion of Wyrsch’s restricted stock units may be deferred. This deferral can be made under a nonqualified deferred compensation plan maintained by Quanta Services, affecting when she ultimately receives shares or cash from the award.