Peyovich Daniel S 4
Research Summary
AI-generated summary
Dycom (DY) CEO Daniel Peyovich Receives RSU Award — 6,899 Shares
What Happened
- Daniel S. Peyovich, President & CEO of Dycom Industries, was granted 6,899 restricted stock units (RSUs) on 2026-03-24. The RSUs were awarded at $0.00 per unit (no cash exchanged), representing a contingent right to receive one share of Dycom common stock per RSU upon vesting.
Key Details
- Transaction date: 2026-03-24 (Form filed 2026-03-25; appears timely).
- Amount granted: 6,899 RSUs; grant price reported as $0.00 (no consideration paid).
- Vesting: RSUs vest in three substantially equal annual installments beginning March 30, 2027.
- Footnotes: F1 = each RSU converts to one share upon vesting; F3 = no consideration paid; F4 = grant includes unvested RSUs.
- Shares owned after the transaction: not specified in the provided summary of the filing.
Context
- RSUs are a type of equity compensation that convert to actual shares only after vesting; they are not immediately tradable. Grants are a common form of executive compensation and do not represent an open-market purchase or sale. This award increases Peyovich’s potential future ownership if and when the RSUs vest.