Quanta CEO reports tax-withholding share disposition
Quanta Services President and CEO Earl C. Austin Jr. reported a tax-related share disposition in company stock.
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Rhea-AI Filing Summary
Quanta Services President and CEO Earl C. Austin Jr. reported a tax-related share disposition in company stock. On the reported date, 3,570 shares of common stock were withheld at $566 per share to cover taxes tied to the vesting of restricted stock units under an equity incentive plan. After this tax-withholding disposition, he directly held 711,852 common shares, and an additional 20,000 shares were reported as held indirectly through the Austin 1999 Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,570 | $566.00 | $2.02M |
| Holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. These shares were withheld to cover taxes associated with the vest of restricted stock units issued under an equity incentive plan of the Company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PWR CEO Earl C. Austin Jr. report?
Was the PWR CEO’s Form 4 transaction an open-market sale?
What does transaction code F mean in the PWR CEO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.