SEC Filing Analysis: MASTEC INC (MTZ)

Executive Summary

• Trading Significance: Low
• Key Takeaway: COO Robert Apple received a routine stock grant of 11,548 shares as part of executive compensation.
• Market Impact: Neutral; this is a non-market transaction reflecting remuneration.

Company Information

Field	Value
Company	MASTEC INC
Ticker Symbol	MTZ
CIK	0000015615
Market Cap	$22.88B
Shares Outstanding	78.89M

Insider Information

Field	Value
Name	Apple Robert E
CIK	0001382697
Title/Position	COO
Relationship	Officer

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-03-18
Transaction Code	A (Grant/Award)
Security Type	Common Stock
Shares Involved	11,548
Price Per Share	$0.00
Total Cost	$0.00
Shares Owned After	183,591
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Implied Market Value	~$3.35M (Est. based on Market Cap)
% of Market Cap	0.015%
Shares Transacted	11,548
% of Shares Outstanding	0.015%
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: With a market cap of $22.88B, this grant is negligible in terms of dilution.
• Ownership Concentration: The insider holds approximately 0.23% of the company directly following this transaction.
• Dilution Impact: Minimal (0.015% of outstanding shares).

Market Impact Analysis

Stock Impact Prediction

• Direction: Neutral
• Reasoning: Stock grants are standard operating procedure for executive compensation and do not signal insider sentiment regarding stock price direction like open market purchases do.

Volume & Sentiment

• Expected Volume Impact: None.
• Sentiment Indicator: Neutral.

Additional Context

Transaction Notes

• Nature of Trade: Transaction Code 'A' indicates a grant, award, or other acquisition. This is typically part of a compensation package.
• Holdings: Insider also holds 12,068 shares indirectly via a 401(k) Plan.