Dycom Inds Inc SEC Filings

Dycom Industries insider plans a small Rule 144 stock sale. A holder has filed to sell 3,645 shares of Class A common stock of Dycom Industries through UBS Financial Services on or about 01/09/2026, with an aggregate market value of $1,239,300. The filing notes that 28,956,051 shares of this class are outstanding and that the shares trade on the NYSE.

The shares to be sold were acquired directly from the issuer as compensation through multiple restricted stock vesting events between 2017 and 2024. The signer represents that they are not aware of any undisclosed material adverse information about Dycom’s current or future operations.

Dycom Industries, Inc. completed its acquisition of Power Solutions, LLC on December 23, 2025. At closing, Dycom paid approximately $1.6 billion in cash and issued 1,011,069 shares of common stock to the seller, with the share amount based on $292.5 million, or 15% of the base purchase price, divided by a 10‑day volume‑weighted average price before signing. The cash portion remains subject to post‑closing adjustments, which will be settled only in cash.

To fund the deal and refinance existing debt, Dycom entered into an Amended and Restated Credit Agreement. This agreement adds a $600.0 million 364‑day senior secured bridge facility, extends the maturity of its term loan A and revolving credit facilities to December 23, 2030, increases the revolver commitments to $800.0 million, and expands the term loan A facility to $1,540 million. The facilities carry SOFR‑ or base‑rate‑based interest margins and include financial covenants requiring a consolidated net leverage ratio not greater than 4.50:1.00 initially and 4.00:1.00 thereafter, and an interest coverage ratio above 2.50:1.00.

Dycom Industries, Inc. reported that director Luis Avila‑Marco has informed the Board that he will not stand for reelection at the company’s 2026 Annual Meeting of Shareholders and will retire from the Board at that time. The company states that his decision is not due to any disagreement with Dycom on its operations, policies, or practices. Dycom currently expects to reduce the size of its Board from 10 to 9 members upon his retirement.

Dycom Industries Inc. officer Ryan F. Urness, who serves as SVP, General Counsel & Secretary, reported a routine equity transaction on 12/02/2025. The filing shows the disposition of 318 shares of common stock at $350.06 per share, coded as an "F" transaction, which indicates shares withheld to cover taxes related to vested restricted stock units. Following this tax withholding event, Urness directly beneficially owns 36,681 shares of Dycom common stock.

Dycom Industries senior vice president and chief financial officer H. Andrew DeFerrari reported a routine share withholding related to equity compensation. On 12/02/2025, 330 shares of Dycom common stock were withheld at a price of $350.06 per share to cover tax liabilities that arose when restricted stock units vested. After this transaction, DeFerrari beneficially owned 165,252 shares of Dycom common stock directly. This filing reflects an administrative tax event rather than an open-market purchase or sale.

Dycom Industries Inc. reported a routine insider transaction by its President and CEO. On 11/30/2025, the executive had 1,047 shares of common stock withheld at a price of $361.53 per share to cover tax liabilities related to the vesting of restricted stock units. After this tax withholding, the officer directly beneficially owned 58,086 shares of Dycom common stock. The filing is reported on behalf of the President & CEO as a single reporting person.

Dycom Industries filed an amended current report to correct a technical header tag and to restate details of its planned acquisition of Power Solutions, LLC. Dycom agreed to buy all outstanding units of Power Solutions for a base price of $1.95 billion, paid in a mix of cash and stock. At closing, the seller is expected to receive 1,011,069 Dycom shares valued at $292.5 million, with the remainder of the price paid in cash and subject to customary post-closing adjustments based on cash, debt, working capital and expenses. Dycom arranged committed debt financing, including a $1,000 million term loan A, a $700 million 364‑day bridge facility and a $445 million term loan A backstop, to help fund the deal and refinance existing debt. Closing depends on regulatory approvals, satisfaction of conditions and an outside date of May 18, 2026.

Dycom Industries (DY) reported strong results for the quarter ended October 25, 2025, with contract revenues rising to $1,451.8 million from $1,272.0 million and net income increasing to $106.4 million from $69.8 million. Quarterly diluted earnings per share climbed to $3.63 from $2.37, while nine-month revenues grew to $4,088.3 million from $3,617.5 million and nine-month diluted EPS rose to $9.05 from $6.81. Operating cash flow improved sharply to $223.5 million for the nine months compared with $20.9 million a year earlier, supporting capital spending of $186.4 million and share repurchases of $30.2 million. The balance sheet showed total assets of $3.32 billion and long-term debt of $919.5 million, with $596.4 million of revolver availability. Dycom remains heavily exposed to large telecom customers, with AT&T and Lumen representing 24.9% and 11.7% of quarterly revenues, respectively. After quarter-end, Dycom agreed to acquire Power Solutions for a preliminary $1.95 billion in cash and stock, backed by new term loan, bridge, and backstop debt commitments.

Dycom Industries agreed to acquire Power Solutions, LLC for a base purchase price of $1,950,000,000 under a unit purchase agreement. The consideration will be a mix of cash and 1,011,069 shares of Dycom common stock valued at $292,500,000, equal to 15% of the base price and based on a 10-day volume weighted average price, with customary closing and post-closing adjustments paid in cash. Dycom obtained committed financing that includes a $1,000 million senior secured term loan A facility, a $700 million 364-day senior secured bridge facility, and a $445 million senior secured term loan A backstop facility to refinance existing debt and fund the transaction and related costs. Closing is subject to regulatory approvals, third-party consents, absence of legal restraints and a Company Material Adverse Effect, and other customary conditions, with an outside termination date of May 18, 2026, and the stock consideration will be issued as restricted, unregistered securities in reliance on Section 4(a)(2) of the Securities Act.