Dycom (DY) Director Michael C. Lenz Receives RSU Award (343)

What Happened

• Michael C. Lenz, a director of Dycom Industries, Inc. (DY), received an award of 343 restricted stock units (RSUs) on August 4, 2026. The filing reports an acquisition at $0.00 per RSU (no cash paid). Each RSU represents a contingent right to one share of DY common stock upon vesting.

Key Details

• Transaction date: 2026-08-04; Filing date (Form 4): 2026-08-05 (timely filed).
• Transaction type/code: A — Grant/Award of RSUs; reported acquisition price $0.00; reported value $0.
• Vesting: RSUs vest in one annual installment on August 4, 2027 (per footnote).
• Consideration: No consideration paid for the RSUs.
• Includes unvested RSUs (award is not yet convertible into shares until vesting).
• Shares owned after the transaction: Not specified in the provided filing details.

Context

• These RSUs are a form of compensation/long-term incentive and do not represent currently vested shares or a cash purchase. They will convert to actual shares only if/when they vest (Aug 4, 2027).
• Awards like this are common director compensation and are informational rather than a clear bullish or bearish signal about the insider's immediate market view.