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Dycom (NYSE: DY) director granted 331 RSUs, total holdings 16,328 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gertel Eitan reported acquisition or exercise transactions in this Form 4 filing.

Dycom Industries director Eitan Gertel received an equity award in the form of restricted stock units (RSUs). The grant covers 331 RSUs, each representing a right to receive one share of Dycom Industries common stock when the units vest, with no cash paid by Gertel for the award.

The RSUs vest in a single installment on the earlier of May 28, 2027 or the date of the company’s next annual shareholder meeting. After this grant, Gertel holds 16,328 shares and RSUs of Dycom Industries common stock directly, including unvested RSUs.

Positive

  • None.

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Insider Gertel Eitan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 331 $0.00 --
Holdings After Transaction: Common Stock — 16,328 shares (Direct, null)
Footnotes (1)
  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.
RSUs granted 331 RSUs Equity award to director Eitan Gertel
Shares/RSUs after grant 16,328 shares/units Total direct holdings following transaction
Grant price $0.00 per RSU No consideration paid for RSUs
Vesting date trigger May 28, 2027 Or earlier on next annual shareholder meeting date
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"
vesting financial
"Each RSU represents a contingent right to acquire one (1) share ... 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.
unvested RSUs financial
"Includes unvested RSUs."
annual meeting of shareholders 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 of shareholders"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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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*
Gertel Eitan

(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)
05/28/2026
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 Stock05/28/2026A(1)331(1)(2)A$0.00(3)16,328(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 upon the earlier to occur of (i) May 28, 2027 or (ii) the date of the next annual meeting of shareholders of the Company.
3. No consideration was paid for the RSUs.
4. Includes unvested RSUs.
Remarks:
/s/ Ryan F. Urness by POA from Eitan Gertel05/29/2026
** 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)

FAQ

What insider transaction did Dycom Industries (DY) director Eitan Gertel report?

Director Eitan Gertel reported receiving a grant of 331 restricted stock units (RSUs) of Dycom Industries common stock. These units are an equity award, not an open-market purchase, and were granted with no cash consideration paid by Gertel.

When do Eitan Gertel’s new Dycom (DY) RSUs vest?

The 331 Dycom RSUs awarded to director Eitan Gertel vest in one annual installment. Vesting occurs on the earlier of May 28, 2027 or the date of Dycom Industries’ next annual meeting of shareholders, according to the grant’s vesting terms.

How many Dycom (DY) shares does Eitan Gertel hold after this Form 4 filing?

After the reported RSU grant, Eitan Gertel holds a total of 16,328 Dycom Industries common shares and RSUs directly. This figure includes unvested restricted stock units that have not yet converted into common stock but are part of his reported beneficial holdings.

Did Eitan Gertel pay cash for the Dycom (DY) RSU award?

No cash was paid for the RSUs granted to Eitan Gertel. The filing specifies that no consideration was paid for the 331 restricted stock units, confirming the award is a compensation-based equity grant rather than a purchase in the open market.

What does each Dycom (DY) RSU granted to Eitan Gertel represent?

Each RSU granted to Eitan Gertel represents a contingent right to receive one share of Dycom Industries common stock. The units convert into common shares only upon vesting, giving him future share ownership if vesting conditions are satisfied.