Dycom Industries (DY) director receives 331 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sabater Carmen M reported acquisition or exercise transactions in this Form 4 filing.
Dycom Industries director Carmen M. Sabater received an equity award of 331 shares of common stock in the form of restricted stock units (RSUs). The award was granted at no cash cost and increases her direct holdings to 6,804 shares, including unvested RSUs.
The RSUs each represent the right to receive one share of Dycom Industries common stock upon vesting. They vest in a single installment on the earlier of May 28, 2027 or the date of the company’s next annual shareholder meeting, aligning the director’s compensation with long-term shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sabater Carmen M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 331 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,804 shares (Direct, null)
Footnotes (1)
- Restricted Stock Units ("RSUs") granted by the Issuer to the Reporting Person. Each RSU represents a contingent right to acquire one (1) share of Dycom Industries, Inc. common stock par value $0.33 1/3 per share ("DY common stock") upon vesting. The RSUs vest in one annual installment upon the earlier to occur of (i) May 28, 2027 or (ii) the date of the next annual meeting of shareholders of the Company. No consideration was paid for the RSUs. Includes unvested RSUs.
Key Figures
RSU grant size: 331 shares
Post-grant holdings: 6,804 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSU grant size
331 shares
Restricted stock units granted to director on May 28, 2026
Post-grant holdings
6,804 shares
Total direct holdings including unvested RSUs after grant
Grant price
$0.00 per share
No cash consideration paid for RSUs
Vesting date
May 28, 2027
Earlier of May 28, 2027 or next annual shareholder meeting
Security type
Common Stock
Each RSU converts into one share of common stock
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest, unvested RSUs
4 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs") granted by the Issuer to the Reporting Person."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to acquire one (1) share of Dycom Industries, Inc. common stock"
vest financial
"The RSUs vest in one annual installment upon the earlier to occur of (i) May 28, 2027 or (ii) the date of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
unvested RSUs financial
"Includes unvested RSUs."
FAQ
What did Dycom Industries (DY) director Carmen M. Sabater report in this Form 4?
Director Carmen M. Sabater reported receiving 331 restricted stock units of Dycom Industries common stock. These RSUs are a share-based compensation grant, awarded at no cash cost, that will convert into common shares when they vest under the stated schedule.
When do the newly granted Dycom (DY) RSUs to Carmen M. Sabater vest?
The RSUs vest in one installment on the earlier of May 28, 2027 or the date of Dycom Industries’ next annual shareholder meeting. At vesting, each unit converts into one share of common stock, subject to the continued satisfaction of applicable award conditions.
Did Carmen M. Sabater pay cash consideration for the Dycom (DY) RSU grant?
No cash consideration was paid for the RSU grant. The filing specifies that no consideration was paid, indicating these restricted stock units were awarded as part of director compensation rather than purchased in an open-market or privately negotiated share transaction.
What does each Dycom Industries (DY) RSU granted to Carmen M. Sabater represent?
Each RSU represents a contingent right to receive one share of Dycom Industries common stock upon vesting. The award therefore provides potential future ownership, subject to the vesting schedule, rather than immediate unrestricted common shares at the time of grant.