MAS JORGE 4
Research Summary
AI-generated summary
MasTec (MTZ) Director Jorge Mas Receives Award of 15,838 Shares
What Happened
- Jorge Mas, a director of MasTec Inc. (MTZ), was issued an award/grant of 15,838 shares on 2026-03-18. The Form 4 reports an acquisition price of $0.00 (i.e., no cash paid reported), so the reported transaction value is $0.
- This transaction is coded as an award/grant (A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-18; Filing date: 2026-03-20 (filing appears timely).
- Price reported: $0.00 per share; total reported cash value: $0.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: Some shares are held by the Jorge Mas Irrevocable Family Trust (he disclaims beneficial ownership of those securities).
- F2: Shares held by Mas Equity Partners III, LLC; reporting person is sole member of the parent entity but disclaims beneficial ownership except for pecuniary interest.
- F3: Shares held by Mas Family Foundation, Inc.; he disclaims beneficial ownership.
- F4: Shares held by Jorge Mas Holdings I, LLC, controlled through related entities of which he is involved.
- No indication in the Form 4 that this was a sale, option exercise, or gift; it is reported as an award/grant.
Context
- Awards/grants typically reflect compensation or equity awards and may be subject to vesting or other restrictions; the filing does not describe vesting terms or whether the shares are restricted.
- Because this is a grant rather than a market purchase, it should be interpreted as a company compensation action rather than a direct market endorsement by the director. The multiple footnotes show shares linked to trusts and entities for which Jorge Mas holds various roles and disclaimers of beneficial ownership.