Quanta Services (PWR) CAO Nobel has 148 shares withheld for tax liability

Rhea-AI Filing Summary

Quanta Services Chief Accounting Officer & SVP Paul Nobel reported a routine tax-related share disposition. On March 9, 2026, 148 shares of Common Stock were withheld at $540.19 per share to cover taxes due on the vesting of restricted stock units under the company’s equity incentive plan.

This was not an open-market sale but a tax-withholding mechanism. After the transaction, Nobel directly owned 12,080 shares of Quanta Services common stock, indicating the filing reflects a small, administrative adjustment rather than a change in his core investment position.

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

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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^*

NOBEL PAUL

(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 Accounting Officer & SVP

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		F		148(1)	D	$540.19	12,080	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 were withheld to cover taxes associated with the vest of restricted stock units issued under an equity incentive plan of the Company.

Remarks:

	/s/ Jessica L. Sherman, Attorney-in-Fact	03/11/2026
	** 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).
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FAQ

What insider transaction did Quanta Services (PWR) report for Paul Nobel?

Quanta Services reported that Chief Accounting Officer & SVP Paul Nobel had 148 shares of Common Stock withheld. The shares, valued at $540.19 each, were used to cover taxes on vesting restricted stock units under the company’s equity incentive plan.

Was Paul Nobel’s Form 4 transaction in PWR stock an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 148 shares of Quanta Services Common Stock were withheld by the company solely to satisfy tax obligations arising from restricted stock unit vesting, as disclosed in the filing footnote.

How many Quanta Services (PWR) shares does Paul Nobel hold after this Form 4 filing?

Following the tax-withholding transaction, Chief Accounting Officer & SVP Paul Nobel directly owned 12,080 shares of Quanta Services Common Stock. This indicates the 148-share withholding was small relative to his remaining direct equity position in the company.

What does the F code mean in Paul Nobel’s Quanta Services Form 4?

The F transaction code shows a tax-withholding disposition. In this case, 148 shares of Quanta Services Common Stock were delivered to cover tax liabilities tied to restricted stock unit vesting, rather than being sold on the open market for cash.

Why were shares withheld from Paul Nobel’s Quanta Services (PWR) equity award?

Shares were withheld to cover taxes triggered when restricted stock units vested. The company retained 148 shares of Common Stock at $540.19 per share, instead of requiring a separate cash tax payment from Chief Accounting Officer & SVP Paul Nobel.