Form 4: Director Peter T. Pruitt Jr. Receives Dycom RSU Grant
Statement of Changes in Beneficial Ownership
Director Peter T. Pruitt Jr. was granted 331 restricted stock units by Dycom Industries, Inc. on May 28, 2026.
Summary
- Director Peter T. Pruitt Jr. acquired 331 restricted stock units (RSUs) from Dycom Industries, Inc.
- The transaction occurred on May 28, 2026, with no monetary consideration paid.
- Following this grant, the director's total beneficial ownership stands at 15,645 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The RSUs are scheduled to vest in one annual installment on May 28, 2027, or upon the date of the next annual meeting of shareholders, whichever occurs first.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder value.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is consistent with standard compensation practices for mid-cap industrial and infrastructure services companies.
- The vesting schedule of one year is typical for director equity compensation in the U.S. market.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 331 RSUs on May 28, 2027, or the next annual shareholder meeting.
Key Dates
| Date | Description |
|---|---|
| 05/28/2026 | Date of RSU grant transaction. |
| 05/29/2026 | Date of filing. |
| 05/28/2027 | Vesting date for the granted RSUs. |
Keywords
Dycom Industries, DY, Form 4, Insider Trading, Restricted Stock Units, Director Compensation
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