MasTec, Inc., a prominent specialty contractor in the construction and engineering sector, has recently disclosed significant changes in the ownership of its common stock by key executives. The company, which operates across various industries, is primarily involved in the construction and engineering of utility and communication infrastructure. This includes projects related to electrical utility transmission and distribution, wind farms, solar farms, renewable energy, natural gas infrastructure, and both wireless and wireline communications.
On March 20, 2026, MasTec Inc. filed several Form 4 reports with the Securities and Exchange Commission, detailing these changes. The reports revealed that Chief Financial Officer Paul DiMarco made a purchase of shares, thereby increasing his direct holdings. A portion of these shares is held through a 401(k) plan, reflecting a strategic approach to personal investment and retirement planning.
Similarly, Chief Operating Officer Robert Apple reported a transaction that added shares to his direct ownership, with additional shares held in a 401(k) plan. This move aligns with a broader trend among executives to bolster their investment in the company while securing their financial future through retirement accounts.
Executive Vice President and General Counsel Alberto de Cardenas also disclosed a purchase that enlarged his direct stake in MasTec, with a portion held through a 401(k) plan. This indicates a continued confidence in the company’s prospects and a commitment to its long-term success.
Jorge Mas, a senior executive at MasTec, reported a substantial direct acquisition of shares. Additionally, he holds several indirect positions in related entities and trusts. However, he has disclaimed beneficial ownership in these indirect holdings, which is a common practice to clarify the extent of control and influence over these assets.
Jose Ramon Mas, serving as the CEO of MasTec, reported a significant direct purchase of shares. He also holds multiple indirect positions in trusts and limited-liability companies. Like Jorge Mas, he has disclaimed beneficial ownership for these indirect positions, ensuring transparency regarding his influence over these entities.
These filings provide a comprehensive view of the executives’ shareholdings and reaffirm their roles as key officers within the company. The transactions reflect a strong belief in MasTec’s future performance and strategic direction, particularly in its diverse portfolio of infrastructure projects. As of March 19, 2026, MasTec’s close price stood at $300.58, with a 52-week high of $316.185 and a low of $99.7 on April 6, 2025. The company’s market capitalization is valued at approximately $24.67 billion, with a price-to-earnings ratio of 61.65, indicating investor expectations of future growth and profitability.
