Quanta Services (NYSE: PWR) director makes 2,500-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services director Martha B. Wyrsch reported a gift of 2,500 shares of Common Stock. This bona fide gift left her with 5,058 Common Stock shares held directly. She also holds Restricted Stock Units tied to 559 underlying Common Stock shares, which vest and settle on June 1, 2026, generally on a one-for-one basis, with an option to take up to half in cash or defer settlement under the company’s nonqualified deferred compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,500 shares gifted
Mixed
2 txns
Insider
WYRSCH MARTHA B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,500 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,058 shares (Direct, null);
Restricted Stock Units — 559 shares (Direct, null)
Footnotes (1)
- The restricted stock units are settled in shares of common stock on a one-for-one basis, provided that in certain circumstances the reporting person may elect to settle up to 50% of the restricted stock units in cash. Unless otherwise provided in the award agreement, the restricted stock units vest and settle on June 1, 2026. Settlement of all or a portion of the restricted stock units may be deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.
Key Figures
Gifted shares: 2,500 shares
Shares held after gift: 5,058 shares
Underlying RSU shares: 559 shares
+3 more
6 metrics
Gifted shares
2,500 shares
Common Stock transferred as bona fide gift on May 11, 2026
Shares held after gift
5,058 shares
Direct Common Stock holdings following reported gift
Underlying RSU shares
559 shares
Common Stock underlying Restricted Stock Units held directly
RSU vesting date
June 1, 2026
Scheduled vesting and settlement date unless award terms differ
RSU exercise price
$0.0000 per unit
Restricted Stock Units with no exercise price requirement
Maximum cash settlement portion
50% of RSUs
Portion that may be elected to settle in cash instead of stock
Key Terms
Restricted Stock Units, bona fide gift, nonqualified deferred compensation plan
3 terms
Restricted Stock Units financial
"The restricted stock units are settled in shares of common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
nonqualified deferred compensation plan financial
"may be deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company"
FAQ
What insider transaction did Quanta Services (PWR) disclose for Martha B. Wyrsch?
Quanta Services director Martha B. Wyrsch reported a bona fide gift of 2,500 shares of Common Stock. This non-market transfer is coded as a gift (Code G) and does not represent an open-market sale or purchase of Quanta Services stock.
What Restricted Stock Units does Martha B. Wyrsch hold in Quanta Services (PWR)?
Martha B. Wyrsch holds Restricted Stock Units linked to 559 underlying shares of Quanta Services Common Stock. These RSUs are settled on a one-for-one basis in stock, subject to plan terms, with certain flexibility for cash settlement and deferral elections.
When do Martha B. Wyrsch’s Quanta Services (PWR) Restricted Stock Units vest?
Her Restricted Stock Units generally vest and settle on June 1, 2026, unless the award agreement provides otherwise. Settlement of all or part of these RSUs may also be deferred under Quanta Services’ nonqualified deferred compensation plan, according to the disclosed footnotes.
Can Quanta Services (PWR) Restricted Stock Units be settled in cash for Martha B. Wyrsch?
Yes. The company states that Restricted Stock Units are normally settled in Common Stock on a one-for-one basis, but in certain circumstances she may elect to settle up to 50% of the RSUs in cash instead, subject to the applicable plan and award terms.