Parker Ava L 4
Research Summary
AI-generated summary
MasTec (MTZ) Director Ava L. Parker Receives 121-Share Award
What Happened
- Ava L. Parker, a director of MasTec, received an award of 121 shares of Common Stock as part of her quarterly director compensation on May 15, 2026. The shares were issued at $0.00 (award/grant).
- Simultaneously, 14 of those shares were withheld by the company to pay taxes due upon vesting; the withholding value was $434.77 per share for a total tax withholding of $6,087.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed within the typical two-business-day window).
- Award: 121 shares acquired (code A) at $0.00.
- Tax withholding: 14 shares disposed (code F) at $434.77 per share; total $6,087.
- Shares owned after the transaction: not specified in the provided filing extract.
- Footnotes:
- F1: These shares represent the portion of quarterly compensation elected in Common Stock; 60 of the shares were elected to be deferred under the Issuer’s Deferred Fee Plan for Directors. The share count was based on the closing price on May 14, 2026.
- F2: The 14 shares were withheld to satisfy tax withholding obligations upon vesting.
Context
- This was a compensatory equity grant to a director (not an open-market purchase), so it is routine director compensation rather than a direct bullish purchase signal.
- Withholding of shares to cover taxes is a common administrative step and does not indicate a market sale by the insider.