WAYNE DONALD 4
4 · QUANTA SERVICES, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Quanta Services EVP Wayne Donald Receives Stock Award; Shares Withheld
What Happened Wayne Donald, Executive Vice President and General Counsel of Quanta Services (PWR), received equity awards on 2026-02-26. The filing shows 9,169 shares issued upon vesting of earned performance stock units and a separate grant of 1,168 restricted stock units. To cover tax withholding on the vesting, 3,616 shares were withheld (disposed) with a reported per-share value of $562.77, totaling $2,034,976. These were awards/settlements, not open-market purchases or discretionary sales.
Key Details
- Transaction date(s): 2026-02-26; Form filed: 2026-03-02. The filing does not indicate a late-reporting flag.
- Award/Acquisitions: 9,169 shares (vested PSUs) and 1,168 RSUs (granted, remain subject to time-based vesting).
- Tax withholding (Disposition): 3,616 shares withheld at $562.77/share, total $2,034,976.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1: 9,169 shares = vested performance stock units issued under the company’s equity plan.
- F2: 3,616 shares were withheld to cover taxes on the PSU vest.
- F3: 1,168 shares = restricted stock units that may be settled in shares and remain subject to vesting.
Context This was primarily an equity award/vesting event (A) with routine tax withholding (F). The withholding of shares to cover taxes is a common, administrative disposition and is not the same as an open-market sale by the insider. The RSUs remain subject to future vesting conditions and are not immediately transferable until vested.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-26+9,169→ 43,244 total - Tax Payment
Common Stock
[F2]2026-02-26$562.77/sh−3,616$2,034,976→ 39,628 total - Award
Common Stock
[F3]2026-02-26+1,168→ 40,796 total
Footnotes (3)
- [F1]These shares represent the acquisition of common stock resulting from the vesting of earned performance stock units issued under an equity incentive plan of the Company.
- [F2]These shares were withheld to cover taxes associated with the vest of performance stock units issued under an equity incentive plan of the Company.
- [F3]These shares represent restricted stock units that may be settled solely by the issuance of an equal number of shares of common stock of the Company and remain subject to vesting based on the passage of time and continued employment.