WAYNE DONALD 4

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.