Quanta CAO receives stock awards, shares withheld
Quanta Services, Inc. Chief Accounting Officer & SVP Paul Nobel reported equity compensation activity in company common stock.
Rhea-AI Filing Summary
Quanta Services, Inc. Chief Accounting Officer & SVP Paul Nobel reported equity compensation activity in company common stock. He acquired 3,172 shares through the vesting of earned performance stock units granted under the company’s equity incentive plan, with no cash paid per share.
On the same date, 1,258 shares were disposed of to cover taxes associated with that vesting at a price of $562.77 per share, a tax-withholding disposition rather than an open-market sale. He also received 614 restricted stock units that may settle in an equal number of common shares, which remain subject to time-based vesting and continued employment. Following these transactions, his directly held common stock position was 12,469 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,172 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,258 | $562.77 | $708K |
| Grant/Award | Common Stock | 614 | $0.00 | $0.00 |
Footnotes (3)
- F1. These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
- F2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
- F3. These shares represent restricted stock units that may be settled solely by the issuance of an equal number of shares of common stock of the Company and remain subject to vesting based on the passage of time and continued employment.
FAQ
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What insider transactions did PWR executive Paul Nobel report?
Were Paul Nobel’s PWR transactions open-market buys or sells?
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AI-generated analysis. How Rhea-AI works. Not financial advice.