DYCOM INDUSTRIES INC·4/A

Apr 1, 4:54 PM ET

Floyd Heather M 4/A

Research Summary

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Updated

Dycom (DY) VP & CAO Heather Floyd Withholds 627 Shares for Taxes

What Happened

  • Heather M. Floyd, Vice President and Chief Accounting Officer of Dycom Industries (DY), had 627 shares of DY common stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were valued at $341.96 each for a total of approximately $214,409. This was a tax-withholding disposition (code F), not a purchase — a routine administrative action when equity awards vest.

Key Details

  • Transaction date: 2026-03-30
  • Price and value: 627 shares at $341.96 per share; total ≈ $214,409
  • Transaction type: F (withholding of shares to pay tax liability on vesting of TRSUs and PRSUs)
  • Filing: Amended Form 4 filed 2026-04-01 correcting an earlier Form 4 (filed 2026-03-31) that reported an incorrect number of shares withheld
  • Shares owned after transaction: The amended filing corrects the number of shares held following the withholding — see the amended Form 4 for the updated post-transaction holdings
  • Footnotes: F1 confirms withholding to pay tax on time-vesting and performance-vesting RSUs; F3 notes the holdings include unvested TRSUs; F2 explains this filing corrects a prior reporting error

Context

  • This was a cashless tax-withholding associated with RSU vesting (not an open-market sale), which is a routine administrative step and does not, by itself, indicate insider sentiment about the company. The amendment simply corrects the previously reported withholding and resulting holdings.