Dycom (DY) director Raejeanne Skillern receives 331 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Skillern Raejeanne reported acquisition or exercise transactions in this Form 4 filing.
Dycom Industries Inc. director Raejeanne Skillern received an equity award of 331 restricted stock units (RSUs). These RSUs were granted at no cost and each unit represents the right to receive one share of Dycom common stock upon vesting.
The RSUs vest in a single installment on the earlier of May 28, 2027 or the date of Dycom’s next annual shareholder meeting. After this grant, Skillern’s reported direct holdings, including unvested RSUs, total 460 shares of common stock equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Skillern Raejeanne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 331 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 460 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 RSUs
Post-grant holdings: 460 shares
Grant price: $0.00 per share
+1 more
4 metrics
RSU grant size
331 RSUs
Restricted stock units granted to director on May 28, 2026
Post-grant holdings
460 shares
Total direct holdings including unvested RSUs after the transaction
Grant price
$0.00 per share
No consideration paid for the RSU award
RSU vesting date
May 28, 2027
Vests on May 28, 2027 or earlier at next annual meeting
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest, consideration
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.
consideration financial
"No consideration was paid for the RSUs."
FAQ
What did Dycom Industries (DY) director Raejeanne Skillern report on this Form 4?
Raejeanne Skillern reported receiving 331 restricted stock units (RSUs) of Dycom common stock. This is a compensation-related equity award, not an open-market purchase or sale, and increases her total reported direct holdings to 460 share equivalents including unvested RSUs.
Is the Dycom (DY) Form 4 transaction a stock buy or sell?
The Form 4 reflects an acquisition through a grant of 331 RSUs, not a market buy or sell. The transaction code is “A,” indicating a grant, award, or other acquisition of common stock as part of compensation rather than open-market trading activity.
What are the vesting terms of the RSUs reported by Dycom (DY) director Skillern?
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 each RSU converts into one share of Dycom common stock for the director.
Did Raejeanne Skillern pay for the Dycom (DY) RSU award?
No cash was paid for this RSU award. The filing states that no consideration was paid for the 331 RSUs, confirming they are a company-granted form of equity compensation rather than shares acquired in a purchase transaction on the open market.