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QUANTA SERVICES, INC.·4

Mar 6, 5:34 PM ET

Studer Karl W 4

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Quanta Services President Karl Studer Withholds 943 Shares for Taxes

What Happened
Karl W. Studer, President, Electric Power at Quanta Services (PWR), had 943 shares withheld to cover taxes related to the vesting of restricted stock units (RSUs). The withholding was recorded on 2026-03-04 at an implicit price of $566.00 per share, for a total value of approximately $533,738. This was a tax-withholding/net settlement of an award, not an open-market sale or purchase.

Key Details

  • Transaction date: 2026-03-04; filing date: 2026-03-06 (timely filing).
  • Price used for withholding: $566.00 per share.
  • Shares withheld/disposed: 943; total value ≈ $533,738.
  • Transaction code: F (shares withheld to cover tax withholding on vested RSUs).
  • Footnote: F1 — shares were withheld to cover taxes associated with the vest of restricted stock units issued under the company’s equity incentive plan.
  • Shares owned after transaction: Not specified in the provided filing excerpt.

Context
This was a routine tax-related withholding following RSU vesting (a net share settlement). Such withholdings are common and generally reflect tax obligations rather than an insider expressing a view on the company’s stock price.