secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-159117
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quanta Services grants PSUs to four NEOs; five-year EPS/TSR goals up to 600% of target
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- Compensation Committee approved PSU awards for CEO Austin (17,759 target), Desai (8,879), Studer (12,431), Ducey (7,103) on April 10, 2026.
- Performance period runs Jan 1, 2026 to Dec 31, 2030; earned shares depend on EPS CAGR and TSR CAGR.
- Maximum payout can reach 600% of target if both EPS and TSR goals are maximized.
- Awards are intended to incentivize retention and execution of five-year strategic plan amid market growth expectations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312526159117/0001193125-26-159117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312526159117/d126144d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-159117

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