WAYNE DONALD 4

What Happened
Wayne Donald, EVP and General Counsel of Quanta Services (PWR), had 426 shares withheld to satisfy tax withholding related to the vesting of restricted stock units. The shares were recorded at $540.19 each, for a total value of $230,121. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-09; reported on Form 4 filed 2026-03-11. Filing appears timely (reported two days after the transaction).
• Price per share: $540.19; total value: $230,121.
• Shares withheld/disposed: 426.
• Footnote: Shares were withheld to cover taxes associated with the vesting of RSUs issued under the company’s equity incentive plan.
• Shares owned after the transaction: not specified in the details provided in this summary.

Context
Tax-withholding dispositions on RSU vesting are routine administrative actions and do not necessarily indicate insider sentiment about the company. Transaction code F denotes payment of tax liability (or exercise price/tax withholding), often executed by withholding a portion of vested shares rather than selling on the open market.