Sabater Carmen M 4
Research Summary
AI-generated summary
Dycom (DY) Director Carmen Sabater Receives RSU Award
What Happened Carmen M. Sabater, a director of Dycom Industries, Inc. (DY), received a grant of 331 restricted stock units (RSUs) on May 28, 2026. Each RSU represents a contingent right to one share of Dycom common stock; the award was granted with no cash consideration (reported acquisition price $0.00).
Key Details
- Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely filing).
- Transaction type: Award/Grant (code A) — 331 RSUs granted at $0.00.
- Economic effect: No cash was paid for the RSUs (footnote F3); total reported acquisition value $0.
- 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 (footnote F2).
- Nature of award: Each RSU converts to one share upon vesting (footnote F1); grant includes unvested RSUs (footnote F4).
- Shares owned after transaction: not specified in this filing.
Context This was a compensation award (RSUs), not an open‑market purchase or sale. Such grants are common for director compensation and are contingent on future vesting events; they do not by themselves indicate immediate buying or selling of stock.