Dycom CFO receives 9,313-share performance stock award
Dycom Industries SVP & CFO H. Andrew DeFerrari received 9,313 shares of common stock through the settlement of performance-vesting restricted stock units on March 30, 2026, with no cash consideration.
Rhea-AI Filing Summary
Dycom Industries SVP & CFO H. Andrew DeFerrari received 9,313 shares of common stock through the settlement of performance-vesting restricted stock units on March 30, 2026, with no cash consideration. The award reflected multi-year performance measures based on operating earnings and an operating cash flow to net income ratio.
In connection with the vesting of these performance and time-based restricted stock units, 6,176 shares were withheld to cover related tax liabilities at a value of $341.96 per share. After these transactions, DeFerrari directly holds 170,971 shares of Dycom common stock, including unvested time-vesting restricted stock units.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeFerrari H Andrew
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,313 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,176 | $341.96 | $2.11M |
Holdings After Transaction:
Common Stock — 170,971 shares (Direct)
Footnotes (4)
- F1. Represents shares of DY common stock acquired upon the settlement of performance-vesting restricted stock units ("PRSUs") on March 30, 2026. Each PRSU represented a contingent right to acquire one share of DY common stock upon the satisfaction of pre-established performance measures set forth in the award documents. The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income, in each case before certain items. The shares reported include 3,062 of supplemental shares that vested in connection with the satisfaction of the performance measures described in the previous sentence over the preceding three year performance period.
- F2. No consideration was paid.
- F3. Includes unvested time-vesting restricted stock units ("TRSUs").
- F4. Withholding of common stock for the payment of tax liability incident to the vesting of TRSUs and PRSUs.
Key Figures
PRSUs settled: 9,313 shares
Tax withholding shares: 6,176 shares
Tax withholding price: $341.96 per share
+2 more
5 metrics
PRSUs settled
9,313 shares
Common stock acquired via PRSU settlement on March 30, 2026
Tax withholding shares
6,176 shares
Shares withheld for tax liability at $341.96 per share
Tax withholding price
$341.96 per share
Value applied to 6,176 withheld shares
Shares held after transactions
170,971 shares
Direct Dycom common stock holding after March 30, 2026 events
Supplemental vested shares
3,062 shares
Supplemental PRSU shares vested over three-year performance period
Key Terms
performance-vesting restricted stock units, PRSUs, time-vesting restricted stock units, TRSUs, +2 more
6 terms
performance-vesting restricted stock units financial
"Represents shares of DY common stock acquired upon the settlement of performance-vesting restricted stock units ("PRSUs") on March 30, 2026."
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
PRSUs financial
"Each PRSU represented a contingent right to acquire one share of DY common stock upon the satisfaction of pre-established performance measures"
A PRSU is a type of employee equity award that turns into actual company shares only if preset performance goals are met over a specified time. Think of it like a prize that only pays out when a team hits agreed targets; investors watch PRSUs because they tie management pay to results, can increase the number of shares outstanding when paid, and therefore affect shareholder value and incentives.
time-vesting restricted stock units financial
"Includes unvested time-vesting restricted stock units ("TRSUs")."
TRSUs financial
"Withholding of common stock for the payment of tax liability incident to the vesting of TRSUs and PRSUs."
operating earnings financial
"The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income"
Operating earnings are the profit a company generates from its core business activities after subtracting everyday costs like wages, rent, and materials but before interest, taxes and one‑time gains or losses. Think of it as the result of running the business day to day—like a household’s monthly budget outcome before mortgage interest or a sudden unexpected bill—and investors use it to judge how healthy and repeatable a company’s core profit is.
ratio of operating cash flow to net income financial
"The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Dycom (DY) CFO H. Andrew DeFerrari report in this Form 4?
He reported receiving 9,313 Dycom common shares from performance-vesting restricted stock units and a related tax withholding of 6,176 shares. These transactions are compensation-related equity awards rather than open-market share purchases or sales.
What performance measures determined the Dycom (DY) CFO’s PRSU vesting?
The PRSUs vested based on annual performance measures tied to operating earnings and the ratio of operating cash flow to net income, each calculated before certain items. Meeting these predefined targets over a three-year period drove the final share payout.
AI-generated analysis. How Rhea-AI works. Not financial advice.
