secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001193125-23-070235
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanta Services adopts 2023 incentive plans with EBITDA, safety metrics for executives
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- 2023 annual incentive plan ties 60% of payout to EBITDA, 20% to EBITDA margin, 20% to safety.
- Long-term plan (2023-2025) uses ROIC with TSR modifier (65%), capital efficiency (15%), safety (10%), sustainability (10%).
- Awards may include cash, RSUs, PSUs; clawback provision included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312523070235/0001193125-23-070235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312523070235/d485507d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-070235

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer