JACKMAN WORTHING 4

What Happened

• Jackman Worthing, a director of Quanta Services, reported the conversion/settlement of restricted stock units (derivative code M) on June 1, 2026. The filing shows 559 shares acquired at $0.00 and the same 559 shares recorded as disposed at $0.00. The recorded dollar amount is $0 because these were RSU settlements, not an open‑market cash purchase or sale.

Key Details

• Transaction date: 2026-06-01 (reported on Form 4 filed 2026-06-03).
• Reported amounts: 559 shares acquired @ $0.00; 559 shares disposed @ $0.00.
• Footnotes: F1 — RSUs settle one-for-one into common stock; F2 — RSUs were granted 2025-05-22 and vested/settled 2026-06-01; F3 — filing notes inclusion of unvested RSUs and RSUs with deferred settlement under the company’s nonqualified deferred compensation plan.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Transaction reported within days of vesting; filing does not indicate a late report.
• Reporting note: The filer states prior filings used a different CIK (0001328708) and future Quanta filings by this person will use CIK 0001229832.

Context

• This was a vesting/settlement event (RSUs converting to shares), not a buy or open‑market sale. The matching acquisition and disposition entries at $0.00 often reflect administrative settlement mechanics (vesting, withholding or plan deferral) rather than a market trade. This type of insider activity is typically routine compensation settlement rather than a directional buy/sell signal.