VALENTIN RAUL JAVIER 4
Research Summary
AI-generated summary
Quanta Services (PWR) Director Valentin Raul Javier Receives 559 Shares
What Happened
- Valentin Raul Javier, a director of Quanta Services (PWR), reported the conversion/settlement of 559 restricted stock units (RSUs) into 559 shares on May 21, 2026. The Form 4 lists an acquisition of 559 shares at $0.00 (no cash exercise) and a corresponding derivative disposition line reflecting the RSU conversion/settlement.
Key Details
- Transaction date: 2026-05-21; Reported filing date: 2026-05-26.
- Reported price: $0.00 per share (typical for RSU settlements — not a purchase).
- Shares acquired/settled: 559 shares (one-for-one settlement of RSUs).
- Shares owned after the transaction: not specified in the supplied filing details.
- Footnotes: F1 — RSUs settle one-for-one into common stock. F2 — RSUs were granted May 22, 2025 and vested/settled May 21, 2026.
- Timing note: The Form 4 was filed five days after the reported transaction. Form 4s are generally due within two business days of the transaction.
Context
- This filing reflects an RSU vesting/settlement (a non-cash conversion of restricted units into shares), not an open-market purchase or sale that signals an active bet on the stock. The entry shows the technical conversion of derivative units into shares; no immediate sale or cashless exercise is reported in the provided details. Routine RSU settlements are common for compensation and do not by themselves indicate the insider’s market view.