Form 4: Dycom Industries Director Acquires 60 Shares of Common Stock
SEC Form 4
Director Marco Luis Avila purchased 60 shares of Dycom Industries (DY) common stock at a price of $188.37 per share on October 28, 2024.
Summary
- On October 28, 2024, Marco Luis Avila, a director of Dycom Industries Inc. (DY), acquired 60 shares of common stock.
- The purchase price was $188.37 per share.
- Following the transaction, Avila directly owns 3,135 shares of Dycom Industries Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction disclosure, indicating a director's investment in the company, which can be seen as a positive signal, but it's not a major event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The purchase of shares by a director could be perceived positively by shareholders, as it may signal confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of transaction: Director Marco Luis Avila acquired 60 shares of common stock at $188.37 per share. |
| 10/29/2024 | Date of signature: Form 4 signed by Ryan F. Urness by POA from Luis Avila Marco. |
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