Dycom Industries (NYSE: DY) awards 343 RSUs to director Lenz
Rhea-AI Filing Summary
Lenz Michael C. reported acquisition or exercise transactions in this Form 4 filing.
Dycom Industries director Michael C. Lenz received a grant of 343 Restricted Stock Units representing Dycom common shares on August 4, 2026. The RSUs were granted for no cash consideration and vest in a single installment on August 4, 2027. Following this grant, he holds 343 RSUs, including unvested awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 343 shares
Net Buy
1 txn
Insider
Lenz Michael C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2, F3, F4 | 343 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 343 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. The RSUs vest in one annual installment on August 4, 2027.
- F3. No consideration was paid for the RSUs.
- F4. Includes unvested RSUs.
Key Figures
RSUs granted: 343 shares
RSU vesting date: August 4, 2027
Grant price per RSU: $0.0000
+2 more
5 metrics
RSUs granted
343 shares
Restricted Stock Units granted to Michael C. Lenz on August 4, 2026
RSU vesting date
August 4, 2027
Single annual installment vesting date for the RSUs
Grant price per RSU
$0.0000
No consideration was paid for the RSUs
Holdings after grant
343 RSUs
Total Dycom-related RSUs held by Michael C. Lenz following the transaction
Common stock par value
$0.33 1/3 per share
Par value of Dycom common stock underlying each RSU
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vesting, par value $0.33 1/3 per share
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"
vesting financial
"one (1) share of Dycom Industries, Inc. common stock upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Dycom Industries (DY) director Michael C. Lenz receive?
Michael C. Lenz received a grant of 343 Restricted Stock Units (RSUs) of Dycom Industries common stock on August 4, 2026. Each RSU represents a right to receive one share of common stock when it vests, providing equity-based compensation instead of an immediate cash payment.
When do the new RSUs for Dycom (DY) director Michael C. Lenz vest?
The 343 RSUs granted to Michael C. Lenz vest in one annual installment on August 4, 2027. After vesting, each RSU converts into one share of Dycom Industries common stock, aligning the director’s compensation with long-term shareholder interests over that period.
Did Michael C. Lenz pay anything for his Dycom (DY) RSU grant?
No, no consideration was paid for the 343 RSUs granted to Michael C. Lenz. This indicates the award functions as equity-based compensation from Dycom Industries, rather than a market purchase, and is subject to the vesting schedule ending August 4, 2027.
What does each RSU granted to Dycom (DY) director Michael C. Lenz represent?
Each RSU represents a contingent right to acquire one share of Dycom Industries common stock, par value $0.33 1/3 per share. The RSUs convert into actual shares only upon vesting, tying the director’s potential ownership directly to the company’s future performance and service period.