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Dycom Industries (NYSE: DY) awards 343 RSUs to director Lenz

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. 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.
  2. F2. The RSUs vest in one annual installment on August 4, 2027.
  3. F3. No consideration was paid for the RSUs.
  4. F4. Includes unvested RSUs.
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
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.
par value $0.33 1/3 per share financial
"Dycom Industries, Inc. common stock par value $0.33 1/3 per share"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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.

How many Dycom (DY) shares or RSUs does Michael C. Lenz hold after this grant?

After the August 4, 2026 grant, Michael C. Lenz holds 343 Dycom-linked RSUs, including unvested awards. These RSUs represent a contingent right to receive an equal number of Dycom common shares once vesting conditions are satisfied, reflecting his current reported equity position.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lenz Michael C.

(Last)(First)(Middle)
300 BANYAN BLVD
SUITE 1101

(Street)
WEST PALM BEACH FLORIDA 33401

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DYCOM INDUSTRIES INC [ DY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/04/2026A(1)343(1)(2)A$0.00(3)343(4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The RSUs vest in one annual installment on August 4, 2027.
3. No consideration was paid for the RSUs.
4. Includes unvested RSUs.
Remarks:
Ryan F. Urness, Attorney-in-Fact for LENZ MICHAEL C08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)