PWR director files Form 4 on stock gifts and 20,132 RSUs

Rhea-AI Filing Summary

A director of Quanta Services, Inc. (PWR) reported small gifts of company stock and existing equity awards. On November 24, 2025, an indirect holding by the Fried Family Revocable Trust transferred 28 shares of common stock as a gift at a reported price of $0, and on November 25, 2025 another 110 shares were gifted. After these transactions, the trust continued to hold over twelve thousand shares, and the director also held additional shares directly.

The filing also shows 20,132 restricted stock units (RSUs), each convertible into one share of common stock at an exercise price of $0. These RSUs include both unvested units and vested units with deferred settlement and, unless otherwise provided in the award agreement, are scheduled to vest and settle on June 1, 2026. The director may elect to settle up to 50% of these RSUs in cash and may further defer settlement under the company’s nonqualified deferred compensation plan.

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
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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^*

FRIED BERNARD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		G		28	D	$0	12,465	I	By Fried Family Revocable Trust
Common Stock	11/25/2025		G		110	D	$0	12,355	I	By Fried Family Revocable Trust
Common Stock								4,783	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
Restricted Stock Units	$0(1)							(2)	(2)	Common Stock	20,132		20,132	D

Explanation of Responses:

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.

2. Includes unvested restricted stock units and vested restricted stock units for which settlement has been deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company. 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.

Remarks:

	/s/ Jessica L. Sherman, Attorney-in-Fact	11/26/2025
	** 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 type of insider filing did Quanta Services (PWR) report?

The company reported a Form 4 filing, which discloses changes in the ownership of Quanta Services (PWR) equity securities by a company director.

What stock transactions did the Quanta Services (PWR) director report?

The director reported gifts of Quanta Services common stock: 28 shares on November 24, 2025 and 110 shares on November 25, 2025, both at a reported price of $0.

How many Quanta Services (PWR) restricted stock units does the director hold?

The filing shows the director holding 20,132 restricted stock units (RSUs), each representing the right to receive one share of Quanta Services common stock.

When do the Quanta Services (PWR) RSUs vest and settle?

Unless otherwise provided in the award agreement, the RSUs are scheduled to vest and settle on June 1, 2026, subject to any deferral elections made under the companys nonqualified deferred compensation plan.

Can the Quanta Services (PWR) director receive cash instead of shares for the RSUs?

Yes. The explanation states that the director may elect to settle up to 50% of the restricted stock units in cash, with the remainder settled in shares of common stock.

Are the Quanta Services (PWR) RSUs part of a deferred compensation arrangement?

Yes. The RSU holdings include vested units for which settlement has been deferred under a nonqualified deferred compensation plan maintained by Quanta Services.