Form 4: Dycom Industries VP Ryan Urness Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Ryan Urness, VP, GC & Secretary of Dycom Industries, reports acquisition of 5,050 shares and disposal of 5,632 shares of common stock on March 30, 2024.

Summary

  • On March 30, 2024, Ryan Urness, VP, GC & Secretary of Dycom Industries, reported transactions involving Dycom Industries Inc. common stock.
  • Urness acquired 5,050 shares of common stock upon the settlement of restricted stock units (RSUs).
  • No consideration was paid for the restricted stock units.
  • Urness also disposed of 5,632 shares of common stock to cover tax liabilities associated with the vesting of the RSUs at a price of $143.53.
  • Following these transactions, Urness beneficially owns 28,990 shares of Dycom Industries Inc. common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not represent a significant change in the company's operations or financial condition.

Key Dates

DateDescription
03/30/2024Date of stock transactions: acquisition of 5,050 shares via RSU settlement and disposal of 5,632 shares for tax liabilities.
04/02/2024Date of signature for the Form 4 filing.

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