CEO Earl Austin Jr. Files Intent to Sell $123.3M in Company Stock
PWR has more than doubled off its 52-week low of $315.
Summary
Quanta Services' President and CEO, Earl Austin Jr., has filed a Form 144 indicating his intent to sell approximately $123.3 million worth of common stock.
Key Events · Ownership and Investor Activity · PWR
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CEO Files Intent to Sell
Earl Austin Jr., President and CEO of Quanta Services, has filed a Form 144 to sell 155,992 shares of common stock.
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Significant Value
The proposed sale has an approximate market value of $123,279,998.26.
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Timing Near 52-Week High
This intent to sell comes as the company's stock is trading near its 52-week high, following recent positive earnings and raised guidance.
Analysis · PWR · Real Estate & Construction
Quanta Services' President and CEO, Earl Austin Jr., has filed a Form 144 indicating his intent to sell a substantial amount of common stock. This proposed sale of over $123 million, while a small percentage of the company's overall market capitalization, is significant given the filer's executive position. The filing occurs shortly after the company reported record first-quarter results and raised its full-year guidance, and while the stock is trading near its 52-week high. This could be interpreted as the CEO taking profits following strong performance and favorable market conditions.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PWR was trading at $771.10 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $115.8B. The 52-week trading range was $315.00 to $777.84. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.