dePass Olsovsky Josephine Ann Marie 4

What Happened Josephine dePass Olsovsky, a director of Quanta Services, received a grant of 249 restricted stock units (RSUs) reported on 2026-05-21. The transaction is recorded as a derivative award at $0.00 per share (total reported value $0), i.e., a compensation grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (appears late — Form 4s are generally due within 2 business days).
• Security: Restricted Stock Units (derivative); 249 RSUs awarded; reported price: $0.00; transaction code: A (award/grant).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: RSUs settle one-for-one into common shares, but the reporting person may elect to settle up to 50% in cash in certain circumstances.
  • F2: Unless otherwise provided, the RSUs vest and settle on June 1, 2027; settlement may be deferred under the company’s nonqualified deferred compensation plan.

Context This was a standard director compensation award (not a purchase or sale). RSU grants are common for board members and convert to shares at vesting per the award terms; here the units vest on June 1, 2027 and may be partly paid in cash if elected. The late filing may be noteworthy for compliance tracking but does not, by itself, indicate insider sentiment.