Csiszar Ernst N 4
Research Summary
AI-generated summary
MasTec (MTZ) Director Ernst Csiszar Receives 168-Share Award
What Happened
- Ernst Csiszar, a director of MasTec, received an award of 168 restricted shares that vested on Feb 13, 2026 (reported on Form 4). The award shows an acquisition of 168 shares at $0.00 (typical for restricted stock grants).
- To cover taxes due on the vesting, 37 of those shares were withheld by the issuer (disposed) at an implied value of $269.53 per share, totaling $9,973. Net shares delivered to the insider were 131 (168 granted minus 37 withheld).
Key Details
- Transaction date: 2026-02-13 (grant/vesting and tax withholding).
- Award: 168 shares @ $0.00 (code A — grant/award/acquisition).
- Withholding: 37 shares withheld @ $269.53 = $9,973 (code F — tax withholding/cashless surrender).
- Footnote: F1 confirms the 37 shares were withheld by the issuer to pay taxes due upon vesting of restricted stock.
- Shares owned after the transaction: not specified in the provided filing.
- Filing date: 2026-02-18 — filing appears timely given the Presidents’ Day holiday (Form 4 due within two business days).
Context
- This was a standard restricted stock vesting with issuer withholding for taxes (a routine compensation event), not an open-market buy or sale by the insider.
- Such withholding is common and doesn’t necessarily signal the insider’s view of the company’s stock; purchases are typically more informative about sentiment.