Energy Infrastructure Beneficiary Executive Sells $1 Million in Shares but Retains Billions in Stake
Robert C. Campbell, an executive at U.S. infrastructure construction firm MasTec, Inc. (NYSE: MTZ), sold 3,000 shares of company stock on May 4, 2026, at $417 per share on the open market, generating approximately $1.25 million (around KRW 2 billion). After the sale, Campbell’s direct holdings stand at 30,646 shares, valued at about $13.3 million (roughly KRW 19 billion) at recent prices. Chief Accounting Officer Timothy Michael Love also acquired additional shares in March via a grant; combining his direct and retirement-account holdings, his stake is estimated in the tens of billions of Korean won.
In the first quarter of 2026, MasTec reported revenue of $3.8 billion (around KRW 5 trillion) and a record 18-month backlog of $20.3 billion (approximately KRW 29 trillion), delivering double-digit year-over-year growth. The company subsequently raised its full-year performance and profit outlook.
In an April 30 press release and earnings announcement, MasTec set its 2026 revenue guidance at $17.5 billion (about KRW 25 trillion), citing order growth in clean energy, pipeline and power-grid projects as the primary growth drivers. (Source: marketscreener.com)
Following the earnings release, market analysts highlighted the company’s mid-term growth potential and margin-improvement trajectory based on its $20.3 billion backlog, noting the upgraded 2026 guidance and expanded investments in energy and telecommunications infrastructure. (Source: simplywall.st)
Headquartered in Coral Gables, Florida, MasTec, Inc. is an infrastructure-engineering and construction firm specializing in communications networks, power transmission and distribution, oil and gas pipelines, renewable energy and other large-scale infrastructure projects. (Source: Wikipedia) In recent years, the company’s backlog and results have grown significantly, driven by North American power-grid modernization, communications-network upgrades and rising clean-energy investments. MasTec says it will balance profitability management with capital-allocation strategies, underpinned by strong cash generation and investment capacity. (Source: marketscreener.com)
Source: SEC 4 Filing