Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

QUANTA SERVICES, INC. (PWR)

CIK 0001050915 4 material events

Insider activity (SEC Form 4)

Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.

Open-market · last 30 days: 0 buyers bought $0 0 sellers sold $0
Open-market · last 90 days: 0 buyers bought $0 0 sellers sold $0
InsiderRoleDateTransactionSharesValue
BAXTER WARNER L Director 2026-06-01 Option exercise 559 $0
Beneby Doyle N Director 2026-06-01 Option exercise 870 $0
FRIED BERNARD Director 2026-06-01 Option exercise 559 $0
JACKMAN WORTHING Director 2026-06-01 Option exercise 559 $0
Ladhani Holli C. Director 2026-06-01 Option exercise 559 $0
Ladhani Holli C. Director 2026-06-01 D 196 $139K
Rowe Robert Scott Director 2026-06-01 Option exercise 559 $0
WYRSCH MARTHA B Director 2026-06-01 Option exercise 559 $0
FRIED BERNARD Director 2026-05-28 Option exercise 4823 $0
VALENTIN RAUL JAVIER Director 2026-05-21 Option exercise 559 $0
WYRSCH MARTHA B Director 2026-05-11 Gift 2500 $0
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 5509 $4.2M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 1523 $1.2M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 4062 $3.1M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 30478 $23.4M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 27368 $21.1M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 21329 $16.4M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 10712 $8.3M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 5286 $4.1M
Austin Earl C. Jr. President and CEO, Director 2026-05-05 Open-market sell 3098 $2.4M
Most recent 20 reported transactions. Open-market buys (P) and sells (S) are the deliberate ones; grants and option exercises are compensation. Not investment advice.

Risk Radar (year-over-year Risk Factors)

← All Risk Radar

Fiscal period ending 2025-12-31 versus 2024-12-31view filing on EDGAR →

Leverage has deteriorated materially, with long-term debt up 27% to $5.23B while liquidity headroom contracted, compounding a 34% surge in unapproved change orders and claims to $983.6M that signals mounting contract recovery and working capital stress. Union coverage expanded 4 points to 36% of the workforce, adding a structural labor cost pressure on top of the balance sheet and litigation risks. Taken together, the risk profile has worsened across three distinct dimensions with no offsetting easing.

3 company-specific

Company-specific changes

Revised

Unapproved change orders and claims increased 34% year-over-year from $733.6M to $983.6M, indicating escalating contract recovery risk and working capital exposure.

We may fail to adequately recover on contract change orders or claims brought by us against customers. We have in the past brought, and may in the future bring, claims against our customers. For…

Revised

Long-term debt increased 27% ($4.10B to $5.23B) while undrawn capacity decreased 7% ($2.61B to $2.42B), materially worsening leverage and liquidity position.

We have a significant amount of debt, and our significant indebtedness could adversely affect our business, financial condition and results of operations and our ability to meet our payment…

Revised

Union coverage increased from 32% to 36% of workforce—a 4-point increase signaling escalating unionization risk and higher labor cost exposure.

Our unionized workforce and related obligations may adversely affect our operations. As of December 31, 2025, approximately 36% of our employees were covered by collective bargaining agreements and…

Material year-over-year changes to this company's Risk Factors (Item 1A), found by comparing each annual report to the prior year, judged for materiality, and classified as company-specific or common-mode against the cross-company catalog. Common-mode changes are the macro themes many companies disclose in common; they are collapsed above. A filing marked unchanged had no material change from the prior year; its summary describes the company's standing risks, which remain in force. Fiscal periods are the reporting period ends. Not investment advice.

Debt Issuance

8-K filed 2026-08-06 confidence 97% Item 1.01

Quanta Services issued $2.0 billion in aggregate principal amount of senior unsecured notes across three tranches with maturities in 2029, 2033, and 2036 pursuant to an underwriting agreement with major financial institutions.

View raw filing on EDGAR →

Debt Issuance

8-K filed 2026-08-04 confidence 97% Item 1.01

Quanta Services entered into an underwriting agreement on August 3, 2026, to issue $2 billion in aggregate principal amount of senior notes across three tranches (4.850% due 2029, 5.300% due 2033, and 5.550% due 2036), with proceeds intended for general corporate purposes including repayment of existing borrowings.

View raw filing on EDGAR →

Earnings release

8-K filed 2026-07-30 confidence 99% Item 2.02

Quanta Services disclosed second quarter 2026 financial results via press release, reporting consolidated revenues of $9.6 billion, GAAP diluted EPS of $2.96, adjusted diluted EPS of $4.24, and net income of $451.4 million, along with significantly increased full-year 2026 guidance across all metrics.

View raw filing on EDGAR →

Shareholder vote

8-K filed 2026-05-27 confidence 99% Item 5.07

Quanta Services held its 2026 Annual Meeting of Stockholders on May 21, 2026, with voting results on the election of ten directors, an advisory vote on executive compensation, and ratification of PricewaterhouseCoopers LLP as independent auditor.

View raw filing on EDGAR →