Form 4: Dycom Industries CEO Reports Routine Stock Withholding for Tax on RSU Vesting

Dycom Industries' President & CEO, Daniel S. Peyovich, reported the withholding of 329 shares of common stock valued at $229.92 per share to cover tax liabilities related to the vesting of restricted stock units.

Summary

• Daniel S. Peyovich, President & CEO of Dycom Industries Inc. (DY), reported a transaction involving the company's common stock.
• On June 1, 2025, 329 shares of common stock were disposed of at a price of $229.92 per share.
• This disposition was identified as a withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units (RSUs).
• Following this transaction, Mr. Peyovich beneficially owns 59,133 shares of Dycom Industries common stock directly.
• The total value of the shares withheld for tax purposes amounts to approximately $75,643.68 (329 shares * $229.92/share).

Sentiment

Score: 5

Explanation: The document reports a routine, non-discretionary insider transaction (tax withholding on RSU vesting) which is neutral in sentiment and does not indicate any positive or negative operational or financial developments for the company.

Future Outlook

NA

Industry Context

This Form 4 filing reports a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with RSU programs. It does not provide insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: Minimal to no direct impact as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not a discretionary sale or purchase that would signal management's view on the stock's future.

Key Dates

Keywords

Dycom Industries, DY, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Liability, CEO, Beneficial Ownership