Floyd Heather M 4

4 · DYCOM INDUSTRIES INC · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

Dycom (DY) VP Heather M. Floyd Receives 809 Shares; 342 Withheld

What Happened

Heather M. Floyd, Vice President and Chief Accounting Officer of Dycom Industries (DY), received 809 shares of DY common stock upon settlement of performance-vesting restricted stock units (PRSUs) on March 30, 2026 (award code A). The award shares were reported at $0.00 fair value on acquisition.
Simultaneously, 342 shares were withheld to satisfy tax withholding obligations related to the vesting (disposition code F) at an implied value of $341.96 per share, totaling approximately $116,950. This withholding is a tax payment (not an open-market sale).

Key Details

Transaction date: March 30, 2026; Form 4 filed March 31, 2026 (report appears timely).
Award: 809 shares acquired (no cash paid).
Withholding: 342 shares withheld for taxes, valued at $341.96 each (total ~ $116,950).
Footnotes: PRSUs settled upon satisfaction of performance measures (operating earnings and operating cash flow/net income ratio); 266 supplemental shares vested relating to a prior three-year performance period. Filing also notes inclusion of unvested time-vesting RSUs (TRSUs).
Transaction codes: A = Award/Grant, F = Withholding for tax liability.
Shares owned after the transaction: not disclosed in the filing.

Context

This was a compensation-related award (performance and time-based RSUs). The withholding of shares to cover taxes is routine and should not be read as an open-market sale signaling a change in sentiment.

Form 4

Period: 2026-03-30

VP & CAO

Transactions

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 266 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 PRSUs and TRSUs.

Signature

/s/ Ryan F. Urness by POA from Heather M. Floyd|2026-03-31

1 file