Ducey Gerald A JR 4
4 · QUANTA SERVICES, INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Quanta Services Pres. Gerald Ducey Withholds 1,999 Shares for Taxes
What Happened
Gerald A. Ducey Jr., President – Strategic Operations at Quanta Services (PWR), had 1,999 shares withheld on March 4, 2026 to cover tax liabilities related to the vesting of restricted stock units. The withholding was recorded at $566.00 per share, for a total value of approximately $1,131,434. This was a tax-withholding event tied to an award vesting, not an open-market sale or a purchase.
Key Details
- Transaction date and price: 2026-03-04; 1,999 shares at $566.00 each.
- Total value of shares withheld: ~$1,131,434.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: Shares were withheld to cover taxes on vested RSUs issued under the company’s equity incentive plan (footnote F1).
- Filing timeliness: Report filed 2026-03-06 (timely — appears within the standard two-business-day Form 4 reporting window).
Context
This was a routine tax-withholding (cashless) action associated with the vesting of RSUs. Such withholdings are administrative and don’t necessarily signal insider buying or selling intent. For retail investors, purchases by insiders tend to be more informative than withholding or withholding-driven dispositions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-04$566.00/sh−1,999$1,131,434→ 24,984 total
Footnotes (1)
- [F1]These shares were withheld to cover taxes associated with the vest of restricted stock units issued under an equity incentive plan of the Company.