Quanta executive granted shares; some withheld for taxes
Quanta Services executive Gerald A. Ducey Jr., President – Strategic Operations, reported equity-based transactions in the company’s common stock.
Rhea-AI Filing Summary
Quanta Services executive Gerald A. Ducey Jr., President – Strategic Operations, reported equity-based transactions in the company’s common stock. He acquired 8,812 shares and 1,684 shares of common stock at $0.0000 per share as grants and awards under an equity incentive plan, reflecting vesting of earned performance stock units and restricted stock units. In a related move, 3,473 shares at $562.7700 per share were disposed of to cover associated tax liabilities, described as a tax-withholding disposition rather than an open-market sale. Following these transactions, his directly owned common stock holdings were reported at 25,299 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,812 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,473 | $562.77 | $1.95M |
| Grant/Award | Common Stock | 1,684 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
- F3. 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
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What insider transactions did PWR executive Gerald A. Ducey Jr. report?
What equity awards did the PWR executive receive in this Form 4 filing?
How are performance stock units and restricted stock units described in the PWR filing?
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