Donald Wayne - Mar 9, 2024 Form 4 Insider Report for QUANTA SERVICES, INC. (PWR)

Signature
/s/ Jessica L. Sherman, Attorney-in-Fact
Stock symbol
PWR
Transactions as of
Mar 9, 2024
Transactions value $
-$245,686
Form type
4
Date filed
3/12/2024, 07:15 PM
Previous filing
Mar 5, 2024
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PWR Common Stock Tax liability -$103K -426 -0.99% $242.06 42.5K Mar 9, 2024 Direct F1
transaction PWR Common Stock Sale -$143K -595 -1.4% $239.61 42K Mar 12, 2024 Direct F2
holding PWR Common Stock 375 Mar 9, 2024 By younger daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 These shares were withheld to cover taxes associated with the vest of restricted stock units issued under an equity incentive plan of the Company.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2023.