WAYNE DONALD 4

What Happened
Wayne Donald, Executive Vice President and General Counsel of Quanta Services (PWR), had 588 shares withheld on March 4, 2026 to satisfy tax withholding related to the vesting of restricted stock units. The withholding was reported at $566.00 per share for a total value of $332,808. This is a routine tax-withholding action tied to an equity award, not an open-market sale or purchase.

Key Details

• Transaction date and price: 2026-03-04; 588 shares withheld at $566.00 each (total $332,808).
• Transaction code: F — shares withheld to cover tax liability on vested RSUs.
• Footnote: Withheld shares cover taxes associated with the vest of restricted stock units under the company’s equity incentive plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-03-06 for the 2026-03-04 transaction (filed within the standard 2-business-day window).

Context
Tax withholding on vested RSUs is common and generally considered administrative rather than a signal of personal preference about the stock. Unlike an open-market sale, withheld shares are retained by the company (or its broker) to satisfy tax obligations and do not reflect a discretionary divestment.