Mastec Inc.
MasTec, Inc. Announces Temporary Trading Suspension in 401(k) Plan
Summary
MasTec, Inc. has announced a temporary suspension of trading in its 401(k) Retirement Plan due to a transition of recordkeeper services from Bank of America/Merrill Lynch to Schwab Retirement Plan Services, Inc., effective October 1, 2025. The blackout period, which prohibits participants and beneficiaries from making transactions including purchases, sales, or changes in investment elections, is expected to begin on September 22, 2025, and end during the week of October 19, 2025. Additionally, directors and executive officers are prohibited from trading MasTec Common Stock during this period. A notice regarding these restrictions was sent to directors and executive officers on August 26, 2025.
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About Mastec Inc.
Mastec Inc. is a comprehensive infrastructure construction company that operates primarily within the energy and communication sectors. Specializing in the engineering, building, installation, maintenance, and upgrading of infrastructure, Mastec plays a critical role in facilitating the development and functionality of modern energy and communication networks. The company is prominently engaged in activities related to the construction of oil and gas pipelines, electrical transmission systems, renewable energy facilities, and wireless and wireline communication systems. Mastec’s services are essential for utility companies, government agencies, and businesses seeking to expand or maintain their infrastructure capabilities. By providing these key services, Mastec helps to improve the reliability, efficiency, and connectivity of infrastructure networks, underpinning economic growth and technological advancement. This makes Mastec an important player in the ongoing development of essential services and infrastructure in the North American market.
Official SEC Documents
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