Quanta Services (PWR) EVP sees 426 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quanta Services EVP and General Counsel Wayne Donald reported a routine share withholding related to equity compensation. On the vesting of restricted stock units, 426 shares of Common Stock were withheld at $540.19 per share to cover taxes. This was not an open-market sale. After this tax-withholding disposition, Donald directly holds 39,782 shares of Quanta Services stock, reflecting his continuing ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WAYNE DONALD
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 426 | $540.19 | $230K |
Holdings After Transaction:
Common Stock — 39,782 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Quanta Services (PWR) report for Wayne Donald?
Quanta Services (PWR) reported that EVP and General Counsel Wayne Donald had 426 shares withheld to cover taxes on vested restricted stock units. This was a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity compensation.
What does the tax-withholding transaction at Quanta Services (PWR) indicate about insider sentiment?
The transaction reflects routine tax withholding on vested restricted stock units, not a discretionary buy or sell decision. Such events typically carry limited informational value about insider sentiment, as they are driven by tax requirements rather than market views.