Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-18

Quanta Services (PWR)

CEO Earl Austin was paid $15,699,684 in fiscal year 2025, ↑ up 0.5% from fiscal year 2024, the 53rd percentile of its disclosed peer group (SEC filing 0001193125-26-150293 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$15,699,684 ↑
Earl Austin total, FY2025
53rd
CEO pay percentile vs peers
154:1
CEO-to-median pay ratio
94.13%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Earl Austin (President and Chief Executive Officer), FY2025 total compensation $15,699,684 (base salary $1,406,250) [exec_comp, SEC accession 0001193125-26-150293, filed 2026-04-10]

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PWR's next annual pay disclosure, estimated April 9, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Earl Austin$1,406,250$0$11,050,345$0$2,710,350$0$532,739$15,699,684
President and Chief Executive Officer
Jayshree Desai861,00003,249,14801,220,450088,6585,419,256
Chief Financial Officer
Karl Studer835,34002,627,48001,181,5630293,7634,938,146
President – Electric Power
Gerald Ducey735,00001,628,5910931,9800106,3883,401,959
President – Strategic Operations
Donald Wayne623,15001,242,7800750,646076,0002,712,283
Executive Vice President and General Counsel

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Earl Austin$15,699,684$15,626,189—↑ +73,495
Jayshree Desai5,419,2564,935,7404,395,749↑ +483,516
Karl Studer4,938,1464,506,354—↑ +431,792
Gerald Ducey3,401,9593,330,498—↑ +71,461
Donald Wayne2,712,283———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against PWR
13 companies name PWR as a compensation peer

Each company listed discloses PWR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PWR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Donald WayneGeneral Counsel$2,712,283
Earl AustinCEO$15,699,684
Gerald DuceyPresident$3,401,959
Jayshree DesaiCFO$5,419,256
Karl StuderPresident$4,938,146
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Bernard FriedIndependent Director$332,523
Doyle N. BenebyChair of the Board$507,822
Holli C. LadhaniIndependent Director$349,934
Jo-ann M. dePass OlsovskyIndependent Director$332,523
Joseph KimIndependent Director—
Martha B. WyrschIndependent Director$344,934
R. Scott RoweIndependent Director$352,523
Raúl J. ValentínIndependent Director$332,523
Vincent D. FosterFormer director (through FY2025)—
Warner L. BaxterIndependent Director$352,701
Worthing F. JackmanIndependent Director$354,934
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Paul NobelChief Accounting Officer & SVP2026-05-04D4,000$757$3,027,920CommonForm 4 ↗
Paul NobelChief Accounting Officer & SVP2026-05-04D4500CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,2867734,083,488CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,5097654,215,156CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,00800CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D614778477,446CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,5907771,235,001CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D934775723,635CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,121773866,062CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D2,1877711,687,205CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,8467693,728,852CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D998768766,205CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D305767233,911CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,030765788,094CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,3137764,121,666CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,5627753,534,501CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D3,0987742,396,644CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D10,7127718,263,665CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D21,32977116,438,260CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D27,36876921,057,213CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D30,47876923,427,219CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,0627683,118,316CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,5237671,168,004CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,086776842,486CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D545774421,661CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,3547713,355,715CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D6,3827694,905,907CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D2,9927782,326,579CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D7,7687776,033,639CommonForm 4 ↗
Martha B. WyrschDirector2026-05-11D2,50000CommonForm 4 ↗
Dividend-equivalent accruals2026-05-21—2,938——10 insiders, 10 accrual rows
Raul Javier ValentinDirector2026-05-21A55900CommonForm 4 ↗
Bernard FriedDirector2026-05-28A4,82300CommonForm 4 ↗
Bernard FriedDirector2026-05-28D4,82300Derivative, Class A CommonForm 4 ↗
Worthing F. JackmanDirector2026-06-01A55900CommonForm 4 ↗
Dividend-equivalent accruals2026-06-01—4,224——7 insiders, 7 accrual rows
Martha B. WyrschDirector2026-06-01A55900CommonForm 4 ↗
R. Scott RoweDirector2026-06-01A55900CommonForm 4 ↗
Holli C. LadhaniDirector2026-06-01A55900CommonForm 4 ↗
Bernard FriedDirector2026-06-01A55900CommonForm 4 ↗
Holli C. LadhaniDirector2026-06-01D196712139,499CommonForm 4 ↗
Doyle N. BenebyDirector2026-06-01A87000CommonForm 4 ↗
Warner L. BaxterDirector2026-06-01A55900CommonForm 4 ↗
Dividend-equivalent accruals2026-09-09—203——1 insider, 1 accrual row

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 59 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Paul NobelChief Accounting Officer & SVP2026-05-04D4,000$757$3,027,920CommonForm 4 ↗
Paul NobelChief Accounting Officer & SVP2026-05-04D4500CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,2867734,083,488CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,5097654,215,156CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,00800CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D614778477,446CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,5907771,235,001CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D934775723,635CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,121773866,062CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D2,1877711,687,205CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,8467693,728,852CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D998768766,205CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D305767233,911CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,030765788,094CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D5,3137764,121,666CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,5627753,534,501CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D3,0987742,396,644CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D10,7127718,263,665CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D21,32977116,438,260CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D27,36876921,057,213CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D30,47876923,427,219CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,0627683,118,316CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,5237671,168,004CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D1,086776842,486CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D545774421,661CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D4,3547713,355,715CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D6,3827694,905,907CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D2,9927782,326,579CommonForm 4 ↗
Earl C. Austin Jr.Director2026-05-05D7,7687776,033,639CommonForm 4 ↗
Martha B. WyrschDirector2026-05-11D2,50000CommonForm 4 ↗
Bernard FriedDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Holli C. LadhaniDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Raul Javier ValentinDirector2026-05-21D55900Derivative, Class A CommonForm 4 ↗
Raul Javier ValentinDirector2026-05-21A55900CommonForm 4 ↗
Worthing F. JackmanDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Joseph KimDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
R. Scott RoweDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
dePass Olsovsky Josephine Ann MarieDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Warner L. BaxterDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Doyle N. BenebyDirector2026-05-21A38700Derivative, Class A CommonForm 4 ↗
Martha B. WyrschDirector2026-05-21A24900Derivative, Class A CommonForm 4 ↗
Bernard FriedDirector2026-05-28A4,82300CommonForm 4 ↗
Bernard FriedDirector2026-05-28D4,82300Derivative, Class A CommonForm 4 ↗
Worthing F. JackmanDirector2026-06-01A55900CommonForm 4 ↗
Martha B. WyrschDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
Martha B. WyrschDirector2026-06-01A55900CommonForm 4 ↗
R. Scott RoweDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
R. Scott RoweDirector2026-06-01A55900CommonForm 4 ↗
Holli C. LadhaniDirector2026-06-01A55900CommonForm 4 ↗
Bernard FriedDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
Bernard FriedDirector2026-06-01A55900CommonForm 4 ↗
Warner L. BaxterDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
Holli C. LadhaniDirector2026-06-01D196712139,499CommonForm 4 ↗
Holli C. LadhaniDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
Doyle N. BenebyDirector2026-06-01D87000Derivative, Class A CommonForm 4 ↗
Doyle N. BenebyDirector2026-06-01A87000CommonForm 4 ↗
Warner L. BaxterDirector2026-06-01A55900CommonForm 4 ↗
Worthing F. JackmanDirector2026-06-01D55900Derivative, Class A CommonForm 4 ↗
Ellen RubinDirector2026-09-09A20300Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Donald WayneRSU2025-02-27——1,918—$497,261
Karl StuderRSU2025-02-27——3,041—788,410
Karl StuderPSU2025-02-27—7,096—15,2561,839,070
Earl AustinPSU2025-02-27—29,843—64,1627,734,410
Gerald DuceyPSU2025-02-27—3,770—8,106977,071
Jayshree DesaiPSU2025-02-27—7,521—16,1701,949,218
Jayshree DesaiRSU2025-02-27——5,014—1,299,930
Earl AustinRSU2025-02-27——12,790—3,315,935
Gerald DuceyRSU2025-02-27——2,513—651,520
Donald WaynePSU2025-02-27—2,876—6,183745,373
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Donald Wayne$497,261$745,373$060.0%
Karl Studer788,4101,839,070070.0%
Earl Austin3,315,9357,734,410070.0%
Gerald Ducey651,520977,071060.0%
Jayshree Desai1,299,9301,949,218060.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Earl AustinPSU64,162—$27,080,214
Earl AustinRSU12,790—5,398,147
Karl StuderPSU15,256—6,438,947
Donald WayneRSU1,918—809,511
Earl AustinRSU9,616—4,058,529
Donald WayneRSU1,081—456,247
Jayshree DesaiPSU16,170—6,824,710
Gerald DuceyRSU2,513—1,060,637
Jayshree DesaiRSU3,490—1,472,989
Karl StuderRSU1,526—644,064
Earl AustinPSU67,312—28,409,703
Karl StuderPSU15,340—6,474,400
Donald WaynePSU7,682—3,242,265
Gerald DuceyPSU9,060—3,823,864
Jayshree DesaiPSU15,706—6,628,874
Karl StuderRSU3,041—1,283,484
Gerald DuceyPSU8,106—3,421,218
Earl AustinRSU6,201—2,617,194
Gerald DuceyRSU3,230—1,363,254
Donald WaynePSU6,183—2,609,597
Jayshree DesaiRSU5,014—2,116,209
Karl StuderRSU2,191—924,733
Gerald DuceyRSU2,013—849,607
Jayshree DesaiRSU1,984—837,367
Donald WayneRSU1,706—720,034
Gerald DuceyRSU1,038—438,098
05

Incentive-plan design — the Compensation Discussion & Analysis

Quanta's compensation philosophy links executive compensation to both individual and Company performance, aiming to attract, motivate, and retain key contributors. The program is designed to be competitive, equitable, performance-based, affordable, and balanced, with a significant portion of target compensation at risk to align executive interests with stockholder value creation.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)—
Independent consultantFrederick W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-21114,220,1867,122,529231,11994.13%Passed
20252025-05-22108,939,9667,703,334783,82093.4%Passed
20242024-05-24110,489,3988,183,219407,39793.1%Passed
20232023-05-23107,486,06011,460,767215,01090.36%Passed
20222022-05-27110,740,0466,676,631232,25894.31%Passed
20212021-05-27110,340,5263,583,1651,870,91396.85%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2194.13%a
20252025-05-2293.4%b
20242024-05-2493.1%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast for purposes of these proposals and will have no effect on the outcome of the vote on such proposals.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast for purposes of these proposals and will have no effect on the outcome of the vote on such proposals.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes cast for purposes of these proposals and will have no effect on the outcome of the vote on such proposals.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)154 : 1
CEO total compensation$15,699,684
Median employee compensation$102,192
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Doyle N. BenebyIndependent · Board Chair$220,000$287,822$0$0$0$507,822
Worthing F. JackmanIndependent · Audit (Chair) · Finance and Investment170,000184,934000354,934
Warner L. BaxterIndependent · Audit · Governance and Nominating · Safety, Operations and Risk (Chair)167,767184,934000352,701
R. Scott RoweIndependent · Compensation (Chair) · Governance and Nominating167,589184,934000352,523
Holli C. LadhaniIndependent · Audit · Finance and Investment (Chair)165,000184,934000349,934
Martha B. WyrschIndependent · Compensation · Governance and Nominating (Chair)160,000184,934000344,934
Jo-ann M. dePass OlsovskyIndependent · Compensation · Finance and Investment147,589184,934000332,523
Bernard FriedIndependent · Compensation · Finance and Investment · Safety, Operations and Risk147,589184,934000332,523
Raúl J. ValentínIndependent · Compensation · Governance and Nominating · Not standing for re-election147,589184,934000332,523
Vincent D. FosterIndependent · Not standing for re-election000000
Joseph KimIndependent · Partial-year service · Newly elected000000
Earl C. (Duke) Austin JrEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$105,000
Annual equity retainer$165,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline5x annual cash retainer for Board membership
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,493,123
Equity awards (grant-date value)$1,767,294
All other compensation$0
Total cost of the board$3,260,417

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Quanta Services names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Quanta Services.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Corning Incorporated2025Wendell Weeks$1,688,754$11,987,000$0$9,326,801$25,756,121
2L3Harris Technologies, Inc.2025Christopher Kubasik1,550,00011,028,7013,543,7786,200,00025,617,590
3Parker-Hannifin Corporation2026Jennifer Parmentier1,537,5007,586,8987,841,9404,539,82222,761,169
4Emerson Electric Co.2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
5Textron Inc2025Scott Donnelly1,530,57710,588,9423,463,1193,246,00021,165,556
6Johnson Controls International PLC2025Joakim Weidemanis825,00012,849,0883,749,9932,357,24719,963,827
7Cummins, Inc.2025Jennifer Rumsey1,533,7506,429,00406,975,65619,905,532
8GE Vernova Inc.2025Scott Strazik1,469,1368,514,6782,191,8084,500,00018,020,345
9Quanta Services2025Earl Austin1,406,25011,050,34502,710,35015,699,684
10Illinois Tool Works Inc.2025Christopher A. O'Herlihy1,337,2715,249,9575,249,9962,702,38915,211,011
11Leidos Holdings, Inc.2025Thomas Bell1,360,3858,257,1721,915,0313,148,26014,736,385
12EMCOR Group, Inc.2025Anthony Guzzi1,325,0003,505,90309,375,00014,380,630
13Jacobs Solutions Inc.2025Robert Pragada1,350,00010,970,07101,676,59514,038,363
14PACCAR Inc.2025R. Preston Feight1,690,3854,900,5002,174,4851,326,52112,618,865
15MasTec, Inc.2025Jose Mas1,250,0008,000,00002,250,00011,544,386
16Builders FirstSource, Inc.2025Peter Jackson1,000,0006,573,0620549,7628,133,324
17Eaton Corporation2025Paulo Ruiz1,087,1164,140,3141,384,6951,155,0007,923,677
18Fluor Corporation2025James Breuer1,071,6892,744,569593,7621,330,3006,873,013

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Quanta Services126.8%PSU 60 · RSU 40NoFrederick W. Cook & Co., Inc.
Builders FirstSource, Inc.36.7%not disclosedNoMeridian
Corning Incorporated140%PSU 45 · RSU 30 · Cash LTI 25NoFrederic W. Cook & Co., Inc. (FW Cook)
Cummins, Inc.90%PSU 70 · Cash LTI 30NoFarient
Eaton Corporation70%PSU 50 · RSU 25 · Options 25Yes — Relative TSRMeridian Compensation Partners
EMCOR Group, Inc.300%RSU 50 · Cash LTI 50NoMercer
Emerson Electric Co.141.5%PSU 55 · RSU 45NoExequity
Fluor Corporation93%Performance Awards 50 · RSU 35 · Option 15Yes — Relative TSRnot disclosed
GE Vernova Inc.200%PSU 50 · RSU 30 · Options 20Yes — 3-year cumulative Total Shareholder Return (TSR) modifierPay Governance LLC
Illinois Tool Works Inc.not disclosedPSU 50 · Options 50NoMeridian Compensation Partners LLC
Jacobs Solutions Inc.98.7%PSU 60 · RSU 40NoFarient Advisors
Johnson Controls International PLC176.6%PSU 50 · Option 25 · RSU 25Yes — TSR Relative to S&P 500 IndustrialsFarient Advisors LLC
L3Harris Technologies, Inc.200%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFrederic W. Cook & Co., Inc.
Leidos Holdings, Inc.153%PSU 50 · RSU 30 · Options 20NoFrederic W. Cook & Co.
MasTec, Inc.not disclosedRSU 100not disclosedMeridian
PACCAR Inc.62.7%not disclosedNoThe Committee typically retains a compensation consultant to assess the competitiveness of the Company's compensation programs every two years. It did not employ a compensation consultant in 2025.
Parker-Hannifin Corporationnot disclosedPSU 50 · Options 50NoMercer Consulting
Textron Incnot disclosedPSU 50 · Option 25 · RSU 25NoPearl Meyer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Quanta Services in fiscal 2025?
As disclosed, Earl Austin (President and Chief Executive Officer) was the highest-paid executive at Quanta Services in fiscal 2025, with total compensation of $15,699,684.
How does Quanta Services's chief executive pay compare to its disclosed peer group?
As disclosed, Earl Austin's total compensation ranked at the 53rd percentile of Quanta Services's disclosed peer group.
What is Quanta Services's CEO-to-median employee pay ratio?
As disclosed, Quanta Services's CEO-to-median employee pay ratio was 154:1.
How did shareholders vote on Quanta Services's executive compensation?
As disclosed, 94.13% of shareholders supported Quanta Services's executive compensation in the latest say-on-pay vote.
How much does Quanta Services spend in total on board compensation for fiscal 2025?
As disclosed, Quanta Services reported total board compensation of $3,260,417 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Earl AustinDEF 14A2026-04-100001193125-26-150293Section “2025 Summary Compensation Table”. As printed: 15,699,684. Filing ↗machine: t186 · r5 · c39 · span 987370–987380
2Section 01, Jayshree DesaiDEF 14A2026-04-100001193125-26-150293Section “Executive Compensation”. As printed: 5,419,256. Filing ↗
3Section 01, Karl StuderDEF 14A2026-04-100001193125-26-150293Section “Executive Compensation”. As printed: 4,938,146. Filing ↗
4Section 01, Gerald DuceyDEF 14A2026-04-100001193125-26-150293Section “Executive Compensation”. As printed: 3,401,959. Filing ↗
5Section 01, Donald WayneDEF 14A2026-04-100001193125-26-150293Section “2025 Summary Compensation Table”. As printed: 2,712,283. Filing ↗machine: t186 · r20 · c39 · span 1059083–1059092
6Section 03, Donald Wayne RSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r12 · c14 · span 877108–877113
7Section 03, Karl Studer RSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r12 · c49 · span 1193209–1193214
8Section 03, Karl Studer PSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r11 · c39 · span 1183051–1183056
9Section 03, Earl Austin PSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r5 · c39 · span 1131797–1131803
10Section 03, Gerald Ducey PSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r14 · c39 · span 1208719–1208724
11Section 03, Jayshree Desai PSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r8 · c39 · span 1157427–1157432
12Section 03, Jayshree Desai RSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r9 · c49 · span 1167585–1167590
13Section 03, Earl Austin RSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t201 · r6 · c49 · span 1141956–1141962
14Section 03, Gerald Ducey RSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t161 · r10 · c14 · span 875166–875171
15Section 03, Donald Wayne PSUDEF 14A2026-04-100001193125-26-150293Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t154 · r12 · c14 · span 821457–821462
16Section 07, pay ratioDEF 14A2026-04-100001193125-26-150293Section “CEO Pay Ratio”. As printed: 154 : 1. Filing ↗
17Section 08, Doyle N. BenebyDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 507,822. Filing ↗machine: span 562740–562868
18Section 08, Worthing F. JackmanDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 354,934. Filing ↗machine: span 569032–569160
19Section 08, Warner L. BaxterDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 352,701. Filing ↗machine: span 559595–559723
20Section 08, R. Scott RoweDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 352,523. Filing ↗machine: span 578516–578644
21Section 08, Holli C. LadhaniDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 349,934. Filing ↗machine: span 572178–572306
22Section 08, Martha B. WyrschDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 344,934. Filing ↗machine: span 584820–584948
23Section 08, Jo-ann M. dePass OlsovskyDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 332,523. Filing ↗machine: span 575373–575501
24Section 08, Bernard FriedDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 332,523. Filing ↗machine: span 565883–566011
25Section 08, Raúl J. ValentínDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 332,523. Filing ↗machine: span 581672–581800
26Section 08, Vincent D. FosterDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 0. Filing ↗
27Section 08, Joseph KimDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 0. Filing ↗
28Section 08, Earl C. (Duke) Austin JrDEF 14A2026-04-100001193125-26-150293Section “Director Compensation”. As printed: 0. Filing ↗
29Section 02, Paul Nobel 2026-05-04Form 42026-05-060001247295-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Paul Nobel 2026-05-04Form 42026-05-060001247295-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Earl C. Austin Jr. 2026-05-05Form 42026-05-070001473203-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Martha B. Wyrsch 2026-05-11Form 42026-05-130001275686-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Bernard Fried 2026-05-21Form 42026-05-260001284383-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Holli C. Ladhani 2026-05-21Form 42026-05-260001221455-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Raul Javier Valentin 2026-05-21Form 42026-05-260001883013-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Raul Javier Valentin 2026-05-21Form 42026-05-260001883013-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Worthing F. Jackman 2026-05-21Form 42026-05-260001229832-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Joseph Kim 2026-05-21Form 42026-05-260001676729-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, R. Scott Rowe 2026-05-21Form 42026-05-260001608962-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, dePass Olsovsky Josephine Ann Marie 2026-05-21Form 42026-05-260001977371-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Warner L. Baxter 2026-05-21Form 42026-05-260001190093-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Doyle N. Beneby 2026-05-21Form 42026-05-260001653862-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Martha B. Wyrsch 2026-05-21Form 42026-05-260001275686-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Bernard Fried 2026-05-28Form 42026-06-010001284383-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Bernard Fried 2026-05-28Form 42026-06-010001284383-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Worthing F. Jackman 2026-06-01Form 42026-06-030001229832-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Martha B. Wyrsch 2026-06-01Form 42026-06-030001275686-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Martha B. Wyrsch 2026-06-01Form 42026-06-030001275686-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, R. Scott Rowe 2026-06-01Form 42026-06-030001608962-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, R. Scott Rowe 2026-06-01Form 42026-06-030001608962-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Holli C. Ladhani 2026-06-01Form 42026-06-030001221455-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Bernard Fried 2026-06-01Form 42026-06-030001284383-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Bernard Fried 2026-06-01Form 42026-06-030001284383-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Warner L. Baxter 2026-06-01Form 42026-06-030001190093-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Holli C. Ladhani 2026-06-01Form 42026-06-030001221455-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Holli C. Ladhani 2026-06-01Form 42026-06-030001221455-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Doyle N. Beneby 2026-06-01Form 42026-06-030001653862-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Doyle N. Beneby 2026-06-01Form 42026-06-030001653862-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Warner L. Baxter 2026-06-01Form 42026-06-030001190093-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Worthing F. Jackman 2026-06-01Form 42026-06-030001229832-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Ellen Rubin 2026-09-09Form 42026-09-110001050915-26-000032Insider equity transaction reported since the proxy statement. Filing ↗
88Section 06, 2026 voteForm 8-K2026-05-270001193125-26-241989Item 5.07 · say-on-pay result. As reported: 94.13% (votes for as printed: 114,220,186). Filing ↗
89Section 06, 2025 voteForm 8-K2025-05-290001193125-25-130598Item 5.07 · say-on-pay result. As reported: 93.4% (votes for as printed: 108,939,966). Filing ↗
90Section 06, 2024 voteForm 8-K2024-05-310001193125-24-151797Item 5.07 · say-on-pay result. As reported: 93.1% (votes for as printed: 110,489,398). Filing ↗
91Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
92Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
93Section 09b board cost (computed)Computed——Cash 1,493,123 + equity 1,767,294 + all other 0 = 3,260,417, summed across the director compensation table rows.machine: formula: Σ = 3,260,417
94Corning Incorporated, Section 10b CEO totalDEF 14A2026-03-200001206774-26-000148CEO total compensation as printed in Corning Incorporated's own proxy. As printed: 25,756,121. Filing ↗machine: t226 · r2 · c24 · span 1184901–1184911
95L3Harris Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038170CEO total compensation as printed in L3Harris Technologies, Inc.'s own proxy. As printed: 25,617,590. Filing ↗machine: t208 · r11 · c26 · span 2251107–2251117
96Parker-Hannifin Corporation, Section 10b CEO totalDEF 14A2026-09-180001308179-26-000394CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 22,761,169. Filing ↗machine: r2 · c24 · span 1022768–1022778
97Emerson Electric Co., Section 10b CEO totalDEF 14A2025-12-120000032604-25-000103CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
98Textron Inc, Section 10b CEO totalDEF 14A2026-03-050001552781-26-000084CEO total compensation as printed in Textron Inc's own proxy. As printed: 21,165,556. Filing ↗machine: r6 · c18 · span 701332–701342
99Johnson Controls International PLC, Section 10b CEO totalDEF 14A2026-01-160001104659-26-004565CEO total compensation as printed in Johnson Controls International PLC's own proxy. As printed: 19,963,827. Filing ↗
100Cummins, Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039158CEO total compensation as printed in Cummins, Inc.'s own proxy. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468
101GE Vernova Inc., Section 10b CEO totalDEF 14A2026-04-030001996810-26-000049CEO total compensation as printed in GE Vernova Inc.'s own proxy. As printed: 18,020,345. Filing ↗machine: r2 · c27 · span 990207–990217
102Quanta Services (subject), Section 10b CEO totalDEF 14A2026-04-100001193125-26-150293CEO total compensation as printed in Quanta Services's own proxy. As printed: 15,699,684. Filing ↗machine: t186 · r5 · c39 · span 987370–987380
103Illinois Tool Works Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127599CEO total compensation as printed in Illinois Tool Works Inc.'s own proxy. As printed: 15,211,011. Filing ↗machine: span 1647874–1647884
104Leidos Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-190001336920-26-000138CEO total compensation as printed in Leidos Holdings, Inc.'s own proxy. As printed: 14,736,385. Filing ↗machine: r2 · c24 · span 1564240–1564250
105EMCOR Group, Inc., Section 10b CEO totalDEF 14A2026-04-210001140361-26-015809CEO total compensation as printed in EMCOR Group, Inc.'s own proxy. As printed: 14,380,630. Filing ↗machine: t131 · r2 · c24 · span 391861–391872
106Jacobs Solutions Inc., Section 10b CEO totalDEF 14A2025-12-180001193125-25-325103CEO total compensation as printed in Jacobs Solutions Inc.'s own proxy. As printed: 14,038,363. Filing ↗machine: t268 · r3 · c29 · span 1161469–1161479
107PACCAR Inc., Section 10b CEO totalDEF 14A2026-03-180001193125-26-113876CEO total compensation as printed in PACCAR Inc.'s own proxy. As printed: 12,618,865. Filing ↗machine: r2 · c27 · span 838577–838587
108MasTec, Inc., Section 10b CEO totalDEF 14A2026-04-090001140361-26-014022CEO total compensation as printed in MasTec, Inc.'s own proxy. As printed: 11,544,386. Filing ↗machine: r2 · c19 · span 995699–995710
109Builders FirstSource, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140509CEO total compensation as printed in Builders FirstSource, Inc.'s own proxy. As printed: 8,133,324. Filing ↗machine: span 2406984–2406993
110Eaton Corporation, Section 10b CEO totalDEF 14A2026-03-130001193125-26-105117CEO total compensation as printed in Eaton Corporation's own proxy. As printed: 7,923,677. Filing ↗machine: r4 · c18 · span 2008245–2008255
111Fluor Corporation, Section 10b CEO totalDEF 14A2026-03-120001104659-26-027053CEO total compensation as printed in Fluor Corporation's own proxy. As printed: 6,873,013. Filing ↗machine: span 1033953–1033962
112Section 10a, Cummins, Inc. reciprocityDEF 14A—0001104659-26-039158Cummins, Inc.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
113Section 10a, Emerson Electric Co. reciprocityDEF 14A—0000032604-25-000103Emerson Electric Co.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
114Section 10a, Parker-Hannifin Corporation reciprocityDEF 14A—0001308179-26-000394Parker-Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
115Section 10a, Textron Inc reciprocityDEF 14A—0001552781-26-000084Textron Inc's most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
116Section 10a, EMCOR Group, Inc. reciprocityDEF 14A—0001140361-26-015809EMCOR Group, Inc. names Quanta Services in its own disclosed peer group (read from its most recent proxy). Filing ↗
117Section 10a, Eaton Corporation reciprocityDEF 14A—0001193125-26-105117Eaton Corporation's most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
118Section 10a, Builders FirstSource, Inc. reciprocityDEF 14A—0001193125-26-140509Builders FirstSource, Inc.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
119Section 10a, Fluor Corporation reciprocityDEF 14A—0001104659-26-027053Fluor Corporation names Quanta Services in its own disclosed peer group (read from its most recent proxy). Filing ↗
120Section 10a, MasTec, Inc. reciprocityDEF 14A—0001140361-26-014022MasTec, Inc. names Quanta Services in its own disclosed peer group (read from its most recent proxy). Filing ↗
121Section 10a, PACCAR Inc. reciprocityDEF 14A—0001193125-26-113876PACCAR Inc.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
122Section 10a, Leidos Holdings, Inc. reciprocityDEF 14A—0001336920-26-000138Leidos Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
123Section 10a, GE Vernova Inc. reciprocityDEF 14A—0001996810-26-000049GE Vernova Inc. names Quanta Services in its own disclosed peer group (read from its most recent proxy). Filing ↗
124Section 10a, Illinois Tool Works Inc. reciprocityDEF 14A—0001193125-26-127599Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗
125Section 10a, Johnson Controls International PLC reciprocityDEF 14A—0001104659-26-004565Johnson Controls International PLC's most recent proxy was read; its disclosed peer group does not include Quanta Services. Filing ↗

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