Dycom (NYSE: DY) director granted 331 RSUs, now holds 755 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeClair Stephen O reported acquisition or exercise transactions in this Form 4 filing.
Dycom Industries director Stephen O. LeClair received a grant of 331 restricted stock units (RSUs), each representing one share of common stock. This award increases his direct holdings to 755 shares. The RSUs vest in one installment on May 28, 2027 or at the next annual shareholder meeting, and no cash was paid for the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LeClair Stephen O
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 331 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 755 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
RSUs granted: 331 RSUs
Shares after transaction: 755 shares
RSU vesting date: May 28, 2027
+2 more
5 metrics
RSUs granted
331 RSUs
Equity award to director Stephen O. LeClair on May 28, 2026
Shares after transaction
755 shares
Total direct Dycom common stock holdings following the RSU grant
RSU vesting date
May 28, 2027
RSUs vest on this date or at the next annual shareholder meeting, whichever occurs first
Consideration for RSUs
$0.00
No cash consideration paid for the RSU grant
Par value per share
$0.33 1/3 per share
Par value of Dycom Industries, Inc. common stock underlying the RSUs
Key Terms
Restricted Stock Units ("RSUs"), vest, contingent right, par value
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.
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.
contingent right financial
"Each RSU represents a contingent right to acquire one (1) share of Dycom Industries, Inc. common stock"
par value financial
"Dycom Industries, Inc. common stock par value $0.33 1/3 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did Dycom (DY) director Stephen O. LeClair report?
Stephen O. LeClair reported receiving 331 restricted stock units in Dycom Industries. Each RSU represents one Dycom common share upon vesting, increasing his direct holdings to 755 shares according to the filing’s post-transaction ownership figure.
When do Stephen O. LeClair’s new Dycom (DY) RSUs vest?
The 331 RSUs vest in one annual installment on the earlier of May 28, 2027 or the date of Dycom’s next annual shareholder meeting. Vesting must occur before the RSUs convert into Dycom common stock for the director.
Did Stephen O. LeClair pay for the Dycom (DY) RSU grant?
No, Stephen O. LeClair did not pay cash consideration for the RSUs. A footnote in the Form 4 states explicitly that no consideration was paid for the restricted stock units granted by Dycom Industries to the reporting person.
What does each Dycom (DY) RSU granted to Stephen O. LeClair represent?
Each RSU represents a contingent right to receive one share of Dycom common stock upon vesting. The filing specifies they relate to Dycom Industries, Inc. common stock with a par value of $0.33 1/3 per share.