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Quanta Services logoQuanta Services PWR

The company said the Compensation Committee of its Board adopted the 2026 annual incentive plan for all corporate employees, the 2026 long-term incentive plan for senior leadership and the 2026 discretionary plan for all employees on February 26, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the Compensation Committee of its Board adopted the 2026 annual incentive plan for all corporate employees, the 2026 long-term incentive plan for senior leadership and the 2026 discretionary plan for all employees on February 26, 2026.

  2. The company said certain employees, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance stock units, and that the Compensation Committee set specific target incentive amounts for the executive officers.

  3. The company said the annual performance metrics for 2026 are EBITDA, EBITDA margin and safety, and the long-term performance metrics for the performance period from January 1, 2026 to December 31, 2028 are return on invested capital, earnings per share and total stockholder return.

  4. The company said all equity-based awards under the plans will be granted under the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan, as amended, and the related award agreements, or under other plans approved by the Board or stockholders.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Adoption of 2026 Incentive Plans

The company said the Compensation Committee of its Board adopted the 2026 annual incentive plan for all corporate employees, the 2026 long-term incentive plan for senior leadership and the 2026 discretionary plan for all employees on February 26, 2026.

Source · Based on the filing body and exhibits

Executive Officer Award Types and Target Amounts

The company said certain employees, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance stock units, and that the Compensation Committee set specific target incentive amounts for the executive officers.

Source · Based on the filing body and exhibits

Annual and Long-Term Performance Metrics

The company said the annual performance metrics for 2026 are EBITDA, EBITDA margin and safety, and the long-term performance metrics for the performance period from January 1, 2026 to December 31, 2028 are return on invested capital, earnings per share and total stockholder return.

Source · Based on the filing body and exhibits

Plans Governing Equity-Based Awards

The company said all equity-based awards under the plans will be granted under the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan, as amended, and the related award agreements, or under other plans approved by the Board or stockholders.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.