Quanta Services (PWR) executive sees 409 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services, Inc. reported that executive Gerald A. Ducey Jr., President – Strategic Operations, had 409 shares of common stock withheld on March 9, 2026 to cover taxes on the vesting of restricted stock units under the company’s equity incentive plan. After this tax-withholding disposition, he directly holds 24,575 common shares, so the event reflects routine compensation-related tax settlement rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ducey Gerald A JR
Role
Pres. - Strategic Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 409 | $540.19 | $221K |
Holdings After Transaction:
Common Stock — 24,575 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Quanta Services (PWR) report for Gerald A. Ducey Jr.?
Quanta Services reported that executive Gerald A. Ducey Jr. had 409 common shares withheld to cover taxes on vested restricted stock units. This was a compensation-related tax settlement, not an open-market trade, and reflects routine equity award processing.
Was the Quanta Services (PWR) Form 4 a stock sale by the executive?
No, the Form 4 shows a tax-withholding disposition, not a voluntary stock sale. 409 shares were withheld by the company to satisfy tax obligations on restricted stock units that vested under its equity incentive plan.
What does transaction code "F" mean in the Quanta Services (PWR) Form 4?
Transaction code “F” indicates shares were disposed of to pay taxes or exercise costs. In this case, 409 Quanta Services shares were withheld to cover tax liabilities from vested restricted stock units, rather than being sold on the open market.
Is the Quanta Services (PWR) insider transaction part of an equity incentive plan?
Yes, the filing states the shares were withheld to cover taxes tied to the vesting of restricted stock units issued under Quanta Services’ equity incentive plan. This underscores that the event is routine compensation administration rather than discretionary trading activity.