Ducey Gerald A JR 4
4 · QUANTA SERVICES, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Quanta Services (PWR) Pres. Gerald Ducey Receives Stock Award (Vesting)
What Happened
Gerald A. Ducey Jr., President — Strategic Operations at Quanta Services (PWR), received 10,496 shares through the vesting/settlement of equity awards on 2026-02-26 (two awards: 8,812 and 1,684 shares, $0.00 acquisition price). To cover tax withholding on the vesting event, 3,473 of those shares were withheld (disposed) at an indicated price of $562.77 per share, equal to $1,954,500. Net new shares from the vesting = 7,023 shares.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (timely).
- Awards/acquisitions: 8,812 shares and 1,684 shares (code A, $0.00 per share).
- Tax withholding: 3,473 shares withheld (code F) at $562.77/share for ~$1,954,500.
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 = shares from vesting of earned performance stock units; F2 = shares withheld to cover taxes on the vest; F3 = restricted stock units that vest over time.
- Transaction types: A = award/grant/vesting; F = shares withheld for taxes (not an open-market sale).
Context
This was a compensation-related vesting and routine tax withholding — not an open-market sale or purchase. Vesting of performance stock units (PSUs) and restricted stock units (RSUs) is a common way executives receive equity; withheld shares to cover taxes are standard and do not necessarily indicate a view on the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-26+8,812→ 28,772 total - Tax Payment
Common Stock
[F2]2026-02-26$562.77/sh−3,473$1,954,500→ 25,299 total - Award
Common Stock
[F3]2026-02-26+1,684→ 26,983 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.