MasTec Director Javier Palomarez Receives 139-Share Award

What Happened

• Javier Palomarez, a director of MasTec, received an award of 139 shares on 2026-08-14 (transaction code A). The award had a $0.00 acquisition price reported.
• Simultaneously, 31 of those shares were withheld by the company to satisfy tax withholding obligations (transaction code F) at $297.59 per share, totaling about $9,225.
• Net to his holdings from this event: 108 shares added (139 awarded minus 31 withheld). This is an award/vesting event and not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-14; Filing date: 2026-08-18.
• Award: 139 shares @ $0.00 (code A). Withholding: 31 shares @ $297.59 (code F) → ~$9,225 withheld.
• Net new shares from the event: 108 shares (139 − 31).
• Footnote: F1 indicates the 31 shares were withheld by the issuer to pay taxes due upon vesting of the restricted stock.
• Shares owned after the transaction: not specified in the provided filing.
• Filing timeliness: the form was filed on Aug 18, 2026; no late-filing flag was provided in the information supplied.

Context

• This is a routine restricted-stock award/vesting with tax withholding, not a market sale or purchase. Withholding of shares to cover taxes is common and does not necessarily signal the insider’s view of the company’s prospects.
• Transaction codes explained simply: A = award/grant/acquisition; F = shares withheld to pay tax liability.