Studer Karl W 4

4 · QUANTA SERVICES, INC. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Quanta Services (PWR) President Karl Studer Receives Award; Shares Withheld

What Happened

Karl W. Studer, President — Electric Power at Quanta Services (PWR), received equity awards on Feb 26, 2026. He acquired 20,143 shares from vesting performance stock units and was also credited 2,448 restricted stock units (RSUs). To cover tax withholding on the PSU vest, 8,728 shares were withheld/disposed at an attributed value of $562.77 per share, equal to $4,911,857. The awards show $0 purchase price because they were compensation awards, not purchases.

Key Details

Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (timely).
Awarded/vested: 20,143 shares (performance stock units) and 2,448 RSUs.
Shares withheld for taxes: 8,728 shares at $562.77 each = $4,911,857 (code F — tax withholding).
Net shares retained from the PSU vest (20,143 − 8,728): 11,415 shares; the 2,448 RSUs remain subject to time-based vesting.
Footnotes: F1 = PSU vesting; F2 = shares withheld to cover taxes; F3 = RSUs that vest over time and will be settled in shares.
Shares owned after the reported transactions: not specified in the filing.

Context

This is primarily an award/vesting event, not an open-market sale or purchase. The withholding of shares to cover taxes is routine and does not necessarily indicate an intent to sell holdings for investment reasons. The RSUs noted remain subject to future vesting and continued employment.

Form 4

Period: 2026-02-26

President, Electric Power

Transactions

Award
Common Stock
[F1]
2026-02-26+20,143→ 42,404 total
Tax Payment
Common Stock
[F2]
2026-02-26$562.77/sh−8,728$4,911,857→ 33,676 total
Award
Common Stock
[F3]
2026-02-26+2,448→ 36,124 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.

Signature

/s/ Matthew D. McCoy, Attorney-in-Fact|2026-03-02

1 file