U.S. Infrastructure Construction Stocks: Founders and C-Level Executives Dump Millions in Shares

On March 18, Jorge Mas, founder of MasTec, Inc. (NYSE: MTZ), acquired an additional 15,000 shares through a stock-based, cashless compensation grant, raising his direct stake to approximately 4.55 million shares. The newly awarded shares are valued at about $4.8 million (around KRW 6 billion).

On the same day, CEO Jose Ramon Mas received roughly 26,000 shares, bringing his direct holdings to about 3.25 million shares. That grant is worth approximately $7.9 million (around KRW 10 billion).

CFO Paul DiMarco also received an additional 9,000 shares, lifting the combined value of his direct holdings and 401(k) account to about $23 million (roughly KRW 30 billion). Including indirect stakes held through family trusts and holding companies, Jorge Mas and Jose Ramon Mas maintain economic interests worth several billion dollars (trillions of won).

MasTec’s stock has recently set consecutive 52-week highs following price-target upgrades from major brokerages such as UBS and Barclays. The company has issued 2026 revenue guidance of about $17 billion (around KRW 22 trillion) and reported that its infrastructure-project backlog has increased by over $4.5 billion (more than KRW 6 trillion), underscoring a strong growth outlook.

Headquartered in Coral Gables, Florida, MasTec is an infrastructure-construction firm providing engineering, installation, and maintenance services across communications networks, power and energy, renewable energy, and utilities. In 2025, it generated approximately $14.3 billion (about KRW 19 trillion) in revenue and net income of roughly $400 million (around KRW 500 billion).