Short answer
Quanta Services (PWR) filed an 8-K current report with the SEC on April 16, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Five-year PSUs align senior leadership with Quanta’s strategy through December 31, 2030.
Quanta Services 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Five-year PSUs align senior leadership with Quanta’s strategy through December 31, 2030
- Maximum payout reaches 600% of target, tied to adjusted EPS growth and TSR performance
- Target awards: Austin 17,759; Desai 8,879; Studer 12,431; Ducey 7,103 PSUs
- Awards vest only with continued service, subject to qualifying termination and change-in-control provisions
- Material dilution and compensation exposure depend on long-term performance and final PSU payout ensuing
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