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Quanta Services (PWR) CAO logs stock awards and tax withholding

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

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.
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*
NOBEL PAUL

(Last) (First) (Middle)
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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer & SVP
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 A 3,172(1) A $0 13,113 D
Common Stock 02/26/2026 F 1,258(2) D $562.77 11,855 D
Common Stock 02/26/2026 A 614(3) A $0 12,469 D
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 represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
2. These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
3. 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.
Remarks:
/s/ Jessica L. Sherman, Attorney-in-Fact 03/02/2026
** 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 transactions did PWR executive Paul Nobel report?

Paul Nobel, Chief Accounting Officer & SVP of Quanta Services, reported equity compensation activity. He acquired 3,172 shares from vested performance stock units, disposed of 1,258 shares for tax withholding, and received 614 restricted stock units that may settle in common shares, all on the same date.

Were Paul Nobel’s PWR transactions open-market buys or sells?

The transactions were not open-market trades. Shares were acquired through vesting of performance stock units and restricted stock units, while 1,258 shares were disposed of solely to cover taxes related to the vesting, as described in the company’s equity incentive plan documentation.

How many Quanta Services shares did Paul Nobel acquire through awards?

He acquired 3,172 shares of Quanta Services common stock from the vesting of earned performance stock units and was granted 614 restricted stock units that may be settled in an equal number of shares, all under the company’s equity incentive plans and subject to applicable vesting terms.

What price was used for Paul Nobel’s tax-withholding share disposition at PWR?

The 1,258 shares disposed of to cover tax obligations were valued at $562.77 per share. This disposition was executed to satisfy taxes arising from the vesting of performance stock units rather than as a discretionary open-market sale of Quanta Services common stock.

What is Paul Nobel’s direct PWR share ownership after these transactions?

After the reported equity compensation and tax-withholding transactions, Paul Nobel directly held 12,469 shares of Quanta Services common stock. This figure reflects his position following the vesting of performance stock units, the related tax share withholding, and the grant of additional restricted stock units.

What do Paul Nobel’s new restricted stock units at PWR represent?

The 614 restricted stock units represent a right to receive an equal number of Quanta Services common shares. They may be settled solely in stock and remain subject to vesting based on the passage of time and Mr. Nobel’s continued employment with the company.
Quanta Services

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83.96B
147.79M
Engineering & Construction
Electrical Work
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United States
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