---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-063768"
form_type: "8-K"
ticker: "PWR"
cik: "0001050915"
company_name: "QUANTA SERVICES, INC."
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:22:06.841437+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Quanta Services adopts 2024 incentive plans with EBITDA and ROIC performance metrics

## Summary
- 2024 annual plan targets executives; metrics: EBITDA (60%), EBITDA margin (20%), safety (20%).
- 2024-2026 long-term plan: ROIC with TSR modifier (65%), capital efficiency (15%), safety (10% each).
- Equity awards under 2019 Omnibus Plan; annual paid in cash, LTIP settled in stock.
- Forfeiture if not employed on payment date; clawback for restrictive covenant violations.

## SEC filing metadata
- accession: 0001193125-24-063768
- form_type: 8-K
- ticker: PWR
- cik: 0001050915
- company_name: QUANTA SERVICES, INC.
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050915/000119312524063768/0001193125-24-063768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050915/000119312524063768/d808539d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-063768
- JSON: https://secwatch.observer/filing/0001193125-24-063768.json
- Plain text: https://secwatch.observer/filing/0001193125-24-063768.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.