Dycom Industries (DY) director awarded 331 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fritzsche Jennifer M reported acquisition or exercise transactions in this Form 4 filing.
Dycom Industries director Jennifer M. Fritzsche received a grant of 331 Restricted Stock Units (RSUs), each representing one share of Dycom Industries, Inc. common stock upon vesting. The RSUs vest in a single installment on the earlier of May 28, 2027 or the company’s next annual meeting of shareholders. No consideration was paid for the RSUs. Following this award, Fritzsche holds a total of 10,050 shares of common stock, including unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fritzsche Jennifer M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 331 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,050 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
Total holdings after grant: 10,050 shares
RSU vesting date: Earlier of May 28, 2027 or next annual meeting
+2 more
5 metrics
RSUs granted
331 RSUs
Equity award to director on May 28, 2026
Total holdings after grant
10,050 shares
Common stock holdings including unvested RSUs
RSU vesting date
Earlier of May 28, 2027 or next annual meeting
Single-installment vesting schedule
Consideration paid for RSUs
$0.00
No consideration was paid for the RSUs
Security type
Common Stock
Underlying security for RSUs
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vesting, annual meeting of shareholders, +1 more
5 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"
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."
FAQ
What insider transaction did Dycom Industries (DY) report for Jennifer M. Fritzsche?
Dycom Industries reported that director Jennifer M. Fritzsche received a grant of 331 Restricted Stock Units. Each RSU represents one share of Dycom common stock upon vesting, increasing her total holdings to 10,050 shares, including unvested RSUs.
How many Dycom Industries (DY) RSUs were granted to Jennifer M. Fritzsche?
Jennifer M. Fritzsche was granted 331 Restricted Stock Units by Dycom Industries. These RSUs convert into an equal number of common shares upon vesting, adding to her existing position and aligning compensation with the company’s equity performance over time.
When do Jennifer M. Fritzsche’s Dycom Industries (DY) RSUs vest?
The RSUs granted to Jennifer M. Fritzsche 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, tying the award to the company’s governance calendar.
Did Jennifer M. Fritzsche pay for her Dycom Industries (DY) RSU grant?
No, Jennifer M. Fritzsche paid no consideration for her RSU grant from Dycom Industries. The award represents equity-based compensation, providing potential future ownership once the RSUs vest into common shares according to the stated schedule.
What does each Dycom Industries (DY) RSU granted to Jennifer M. Fritzsche represent?
Each RSU granted to Jennifer M. Fritzsche represents a contingent right to receive one share of Dycom Industries common stock. The rights become actual shares only when the RSUs vest, aligning director compensation with future company performance and service.