Gertel Eitan 4
Research Summary
AI-generated summary
Dycom (DY) Director Gertel Eitan Receives RSU Award
What Happened
- Gertel Eitan, a director of Dycom Industries, Inc. (DY), received an award of 331 restricted stock units (RSUs) on 2026-05-28.
- Each RSU represents a contingent right to one share of Dycom common stock upon vesting; grant price was $0.00, total reported value $0.
Key Details
- Transaction type: Award/Grant (Code A) — 331 RSUs granted on 2026-05-28.
- Vesting: RSUs vest in one annual installment upon the earlier of (i) May 28, 2027 or (ii) the date of the next annual meeting of shareholders. (Footnotes F1–F2)
- Consideration: No cash was paid for the RSUs. (Footnote F3)
- Status: RSUs are unvested as granted. (Footnote F4)
- Filing: Report filed 2026-05-29 for a 2026-05-28 grant — appears timely.
- Shares owned after transaction: Not specified in the provided filing.
Context
- RSUs are a grant of future stock contingent on vesting, not an immediate purchase of open‑market shares; they become actual shares only when they vest.
- Grants to directors are common as part of compensation and do not necessarily indicate buying or selling sentiment.