Quanta Services shareholders approve 4.19 million more plan shares; EVP Jensen resigns
At its May 22, 2025 annual meeting, Quanta Services stockholders approved Amendment No. 2 to the 2019 Omnibus Equity Incentive Plan, which raises the number of shares that may be issued under the plan by 4,190,000. The company also said Executive Vice President – Business Administration Derrick Jensen will resign effective June 1, 2025, and will stay on in an advisory role at an annual base salary of $200,000. Shareholders also re-elected all ten director nominees and ratified PricewaterhouseCoopers LLP as auditor for fiscal 2025.
Key points
- Stockholders approved Amendment No. 2, adding 4,190,000 shares to the 2019 Omnibus Equity Incentive Plan on May 22, 2025.
- Derrick Jensen resigned as EVP – Business Administration effective June 1, 2025, and will serve in an advisory role with a $200,000 base salary.
- All ten director nominees were elected to one-year terms expiring at the 2026 annual meeting.
- PricewaterhouseCoopers LLP was ratified for fiscal 2025 with 119,775,163 votes for and 7,886,382 against; executive pay advisory vote received 108,939,966 for and 7,703,334 against.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.