URNESS RYAN F 4

4 · DYCOM INDUSTRIES INC · Filed Mar 31, 2026

AI-generated summary of this filing

Updated Mar 31, 2026

Dycom (DY) SVP Ryan Urness Receives 6,042 RSUs; 4,440 Withheld

What Happened

Ryan F. Urness, Senior Vice President, General Counsel & Secretary of Dycom Industries (DY), had 6,042 shares of DY common stock issued on March 30, 2026 upon settlement of performance-vesting restricted stock units (PRSUs). No cash was paid to receive these shares.
To cover tax withholding related to the vesting, 4,440 shares were withheld/disposed at an implied value of $341.96 per share, totaling $1,518,302. The net effect is that a portion of the vested award was retained to satisfy tax obligations rather than being delivered to the insider.

Key Details

Transaction date: March 30, 2026; Form 4 filed March 31, 2026 (no indication of a late filing).
Award: 6,042 shares acquired (code A) at $0.00 consideration (settlement of PRSUs).
Withholding/tax payment: 4,440 shares disposed (code F) at $341.96 each = $1,518,302.
Footnotes: PRSUs vested based on multi-year performance measures (including operating earnings and operating cash flow to net income); 1,987 supplemental shares were included for prior-period performance. Filing notes inclusion of unvested time-vesting RSUs (TRSUs) and that shares were withheld to pay taxes.
Shares owned after the transaction are not specified in the provided filing data.

Context

This was a routine vesting of performance-based RSUs, not an open-market purchase or a voluntary sale. The "disposed" shares reflect withholding to satisfy tax liability (a common cashless withholding), not necessarily an executed public sale.
For investors, vesting grants show compensation tied to company performance; tax-withholding disposals are administrative and do not by themselves indicate an insider view on the stock’s future.

Form 4

Period: 2026-03-30

SVP, GC & Secretary

Transactions

Award
Common Stock
[F1][F2][F3]
2026-03-30+6,042→ 44,418 total
Tax Payment
Common Stock
[F4][F3]
2026-03-30$341.96/sh−4,440$1,518,302→ 39,978 total

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 1,987 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|2026-03-31

1 file