Wetherington Kevin M 4

What Happened

• Kevin M. Wetherington, Executive Vice President & COO of Dycom Industries, was granted 3,942 restricted stock units (RSUs) on 2026-03-24. The Form 4 reports the acquisition as an award (code A) with $0.00 consideration, meaning no cash was paid for the grant.

Key Details

• Transaction date: 2026-03-24; filing date: 2026-03-25 (timely).
• Award size: 3,942 RSUs; report shows acquisition price $0.00 (no cash paid).
• Vesting: RSUs vest in three equal annual installments beginning March 30, 2027 (footnote F2).
• Nature of award: Each RSU represents the contingent right to receive one share of Dycom common stock upon vesting (footnote F1).
• Shares owned after transaction: The filing does not list a separate total share count; footnote F4 indicates the reported amount includes unvested RSUs.
• Transaction code: A = Award/Grant.

Context

• RSU grants are a common form of long-term compensation and represent a future right to shares if vesting conditions are met; they do not reflect an immediate market purchase or sale. This grant is informational about executive compensation rather than a direct buy/sell signal.