StockWatch
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Engineering & Construction
Board MeetingApr 16, 2026, 04:36 PM

Quanta Services Approves 5-Year PSUs for Execs, Up to 600% Target

AI Summary

The Compensation Committee of Quanta Services' Board of Directors approved performance stock unit (PSU) awards for senior leadership, including named executive officers, on April 10, 2026. These strategic equity awards cover a five-year performance period ending December 31, 2030. The number of PSUs earned can reach up to 300% of the target based on adjusted earnings per share compound annual growth rate, with a potential 200% multiplier for total shareholder return compound annual growth rate, allowing for a maximum payout of 600% of the target. The awards aim to incentivize and retain key personnel crucial for executing the company's recently announced five-year business strategy and financial goals.

Key Highlights

  • PSUs approved for senior leadership, including named executive officers.
  • Five-year performance period concludes December 31, 2030.
  • Payout up to 300% of target based on adjusted EPS compound annual growth rate.
  • Potential 200% multiplier for Total Shareholder Return compound annual growth rate.
  • Maximum earned PSUs can reach 600% of target.