DeFerrari H Andrew 4
Research Summary
AI-generated summary
DYCOM (DY) CFO H. Andrew DeFerrari Receives RSU Award
What Happened
H. Andrew DeFerrari, Senior Vice President and Chief Financial Officer of Dycom Industries, received a grant of 2,582 restricted stock units (RSUs) on March 24, 2026. The RSUs were granted at no cost ($0.00 per unit), so no cash was paid for the award. Each RSU represents a contingent right to one share of Dycom common stock upon vesting.
Key Details
- Transaction date: 2026-03-24; reported on Form 4 filed 2026-03-25 (appears to be filed promptly).
- Grant: 2,582 RSUs acquired at $0.00 (no cash consideration).
- Vesting: RSUs vest in three substantially equal annual installments beginning March 30, 2027 (per filing).
- Footnotes: RSUs are contingent rights to acquire one share upon vesting; the grant includes unvested RSUs.
- Shares owned after transaction: not specified in the provided filing details.
Context
RSU grants are a common form of equity compensation for executives and do not represent immediately tradable shares until they vest. Because this is an award (not a market purchase or sale), it should be viewed as compensation-related rather than a direct market-confidence signal.