NOBEL PAUL 4
4 · QUANTA SERVICES, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Quanta Services (PWR) CAO & SVP Paul Nobel Receives Stock Award; Tax Withholding
What Happened
- Paul Nobel, Chief Accounting Officer and Senior Vice President of Quanta Services (PWR), received equity from company awards on 2026-02-26. According to the Form 4, 3,172 shares were acquired upon vesting of performance stock units, 1,258 of those shares were withheld to cover taxes (disposed) at $562.77/share (≈ $707,965), and an additional 614 restricted stock units were granted that remain subject to future vesting.
Key Details
- Transaction date: 2026-02-26; Filing date: 2026-03-02 (filed within typical Section 16 reporting window).
- Awards/vesting: 3,172 shares acquired as vested PSUs (code A; footnote F1).
- Tax withholding: 1,258 shares withheld to cover taxes at $562.77/share for a withholding value of ≈ $707,965 (code F; footnote F2).
- Additional grant: 614 RSUs were awarded; these are settlement-only units that remain subject to time-based vesting (footnote F3).
- Shares owned after transaction: not specified in the Form 4 filing.
Context
- This was an equity compensation event (award/vesting) rather than an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a routine administrative action (cashless withholding) and does not by itself indicate a change in insider sentiment.
- Immediate net newly acquired vested shares = 3,172 vested − 1,258 withheld = 1,914 shares added to Nobel’s holdings now; the 614 RSUs may increase future holdings if they vest.
Insider Transaction Report
Form 4
NOBEL PAUL
Chief Accounting Officer & SVP
Transactions
- Award
Common Stock
[F1]2026-02-26+3,172→ 13,113 total - Tax Payment
Common Stock
[F2]2026-02-26$562.77/sh−1,258$707,965→ 11,855 total - Award
Common Stock
[F3]2026-02-26+614→ 12,469 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.
Signature
/s/ Jessica L. Sherman, Attorney-in-Fact|2026-03-02