Quanta Services (NYSE: PWR) CAO sells 4,000 shares and makes stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services Chief Accounting Officer and SVP Paul Nobel reported a mix of gifting and selling company stock. On the reported date, he made a bona fide gift of 45 shares of Quanta Services common stock and separately sold 4,000 shares in an open-market transaction at $756.98 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($3,027,920)
Net Sell
2 txns
Insider
NOBEL PAUL
Role
Chief Accounting Officer & SVP
Sold
4,000 shs ($3.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,000 | $756.98 | $3.03M |
| Gift | Common Stock | 45 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,080 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 4,000 shares
Sale price per share: $756.98 per share
Shares gifted: 45 shares
3 metrics
Shares sold
4,000 shares
Open-market sale of Quanta Services common stock
Sale price per share
$756.98 per share
Price for 4,000-share open-market sale
Shares gifted
45 shares
Bona fide gift of Quanta Services common stock
Key Terms
bona fide gift, open-market sale, non-derivative, Form 4
4 terms
bona fide gift financial
"transaction_code_description":"Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"transaction_action":"open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type":"non-derivative"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did Quanta Services (PWR) report for Paul Nobel?
Paul Nobel reported two transactions: a bona fide gift of 45 shares of Quanta Services common stock and an open-market sale of 4,000 shares, both on the same reported date, according to the Form 4 filing data.
Did Paul Nobel make any gifts of Quanta Services (PWR) stock in this filing?
Yes. The Form 4 shows Paul Nobel made a bona fide gift of 45 shares of Quanta Services common stock. This gift is coded as a “G” transaction and is separate from the open‑market sale reported for the same date.
What type of transactions are shown in this Quanta Services (PWR) Form 4?
The Form 4 lists two non‑derivative common stock transactions for Paul Nobel: one coded “G” for a bona fide gift of 45 shares, and one coded “S” for an open‑market or private sale of 4,000 shares at $756.98 per share.