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Quanta Services (NYSE: PWR) CEO reports RSU tax-withholding share disposition

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

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.

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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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Austin Earl C. Jr.

(Last) (First) (Middle)
QUANTA SERVICES, INC.
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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 F 3,570(1) D $566 711,852 D
Common Stock 20,000 I By Austin 1999 Family Trust
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/ Matthew D. McCoy, Attorney-in-Fact 03/06/2026
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PWR CEO Earl C. Austin Jr. report?

Earl C. Austin Jr. reported a tax-withholding disposition of Quanta Services common stock. 3,570 shares were withheld at $566 per share to cover taxes from vesting restricted stock units under the company’s equity incentive plan.

Was the PWR CEO’s Form 4 transaction an open-market sale?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations related to the vesting of restricted stock units issued under an equity incentive plan.

How many PWR shares were withheld for taxes in this filing?

The filing reports that 3,570 shares of Quanta Services common stock were withheld. These shares were used to cover taxes associated with the vesting of restricted stock units granted under an equity incentive plan.

How many PWR shares does the CEO hold after this Form 4 transaction?

After the tax-withholding disposition, Earl C. Austin Jr. directly held 711,852 shares of Quanta Services common stock. The filing also shows an additional 20,000 shares held indirectly through the Austin 1999 Family Trust.

What does the Austin 1999 Family Trust hold in PWR shares?

The Form 4 reports an indirect holding of 20,000 shares of Quanta Services common stock. These shares are shown as held by the Austin 1999 Family Trust, reflecting indirect ownership separate from the CEO’s directly held shares.

What does transaction code F mean in the PWR CEO’s Form 4?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 3,570 shares were withheld to cover taxes on vesting restricted stock units granted under Quanta Services’ equity incentive plan.
Quanta Services

NYSE:PWR

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80.82B
147.61M
Engineering & Construction
Electrical Work
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United States
HOUSTON