LeClair Stephen O 4
Research Summary
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Dycom (DY) Director Stephen LeClair Receives 331-Share RSU Award
What Happened Stephen O. LeClair, a director of Dycom Industries, Inc. (DY), received a grant of 331 Restricted Stock Units (RSUs) on May 28, 2026. The RSUs were granted at no cost (grant price $0.00) and each RSU represents a contingent right to one share of Dycom common stock upon vesting. Because these are RSUs (an award), no shares were delivered at grant and no cash changed hands.
Key Details
- Transaction date: 2026-05-28; filing date: 2026-05-29 (timely).
- Transaction type/code: Award/Grant (A) — 331 RSUs granted at $0.00 (no consideration).
- 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.
- Includes unvested RSUs per filing footnote.
- Filing does not disclose total shares owned by the reporting person after this grant.
Context RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are common for board compensation and do not necessarily indicate an immediate buying or selling sentiment. This grant increases potential future share dilution when/if the RSUs vest and are settled in stock.