Ducey Gerald A JR 4

What Happened Gerald A. Ducey Jr., President — Strategic Operations at Quanta Services (PWR), had 409 shares withheld to cover taxes related to the vesting of restricted stock units. The withholding was reported as a disposition at $540.19 per share, totaling $220,938. This was a tax-withholding transaction tied to an RSU vesting, not an open-market sale.

Key Details

• Transaction date: 2026-03-09; Filing date: 2026-03-11 (timely filing)
• Shares withheld/disposed: 409 at $540.19 per share
• Total reported value: $220,938
• Transaction code: F (tax withholding)
• Footnote: F1 indicates shares were withheld to cover taxes associated with the vest of restricted stock units under the company’s equity incentive plan
• Shares owned after transaction: Not specified in the provided filing excerpt

Context Tax-withholding (F) transactions are routine when restricted stock units vest: instead of selling shares on the open market, the company withholds a portion of the vested shares to satisfy tax obligations. Such transactions generally do not indicate a change in the insider’s investment view of the company.