Rowe Robert Scott 4

What Happened

• Rowe Robert Scott, a director of Quanta Services, had restricted stock units (RSUs) vest and convert into common stock on June 1, 2026. The filing shows two derivative conversion entries of 559 shares each: one 559-share acquisition at $0.00 and one 559-share disposition at $0.00. Both transactions are coded as exercise/conversion of a derivative (M), and no cash changed hands on those line items.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely within two days).
• Shares: 559 shares acquired @ $0.00; 559 shares disposed @ $0.00 (total RSUs involved = 1,118).
• Dollar value shown on the Form 4 lines: $0 for each entry (RSUs convert to shares on a one-for-one basis per footnote).
• Footnotes: F1 — RSUs settle one-for-one into common stock; F2 — these RSUs were granted May 22, 2025 and vested/settled June 1, 2026; F3 — filing includes unvested RSUs and vested RSUs for which settlement may be deferred under the company’s nonqualified deferred compensation plan.
• Shares owned after the transaction: not specified in the summary data provided (refer to the full Form 4 for post-transaction beneficial ownership).

Context

• This was a routine RSU vesting/settlement event (a conversion of derivative awards), not an open-market buy or sale. Derivative-code M indicates conversion/exercise-type activity; in RSU cases, that typically means units converted into actual shares.
• Because one entry shows a disposition of shares at $0.00 and footnotes reference deferral, some vested units may have been surrendered or deferred under the company plan rather than retained — see footnotes for details.