Form 4: Dycom SVP Urness Acquires Shares, Settles RSUs

Dycom Industries' SVP, GC & Secretary, Ryan F. Urness, acquired common stock through PRSU settlement and subsequently disposed of shares for tax obligations.

Summary

• Ryan F. Urness, SVP, GC & Secretary of Dycom Industries Inc., acquired 6,042 shares of common stock on March 30, 2026, through the settlement of performance-vesting restricted stock units (PRSUs).
• These acquired shares included 1,987 supplemental shares, indicating the satisfaction of pre-established performance measures over a three-year period related to operating earnings and the ratio of operating cash flow to net income.
• No consideration was paid for the acquisition of these shares.
• Concurrently, 4,440 shares of common stock were disposed of at a price of $341.96 per share to cover tax liabilities associated with the vesting of PRSUs and time-vesting restricted stock units (TRSUs).
• Following these transactions, Urness's direct beneficial ownership of Dycom common stock stands at 39,978 shares, which includes unvested time-vesting restricted stock units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as the vesting of performance-based restricted stock units indicates the achievement of company performance targets and increases executive alignment with shareholder interests, even with the standard tax-related share disposition.

Positives

• The vesting of 6,042 performance-vesting restricted stock units (PRSUs) for Ryan F. Urness, including 1,987 supplemental shares, indicates the achievement of pre-established performance measures related to operating earnings and the ratio of operating cash flow to net income.
• The acquisition of shares through PRSU settlement increases the executive's direct stake in the company, aligning management interests with shareholder value.

Negatives

• The disposal of 4,440 shares of common stock at $341.96 per share to satisfy tax liabilities reduces the executive's overall beneficial ownership from the peak immediately after vesting, though this is a standard practice for equity compensation.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the vesting of restricted stock units and subsequent tax withholding, are common across industries as part of executive compensation packages. This filing reflects a standard process for equity-based incentives.

Stakeholder Impact

• Shareholders: The vesting of performance-based units suggests management is meeting internal targets, which could be viewed positively. The executive's continued beneficial ownership aligns interests with shareholders.

Key Dates

Keywords

Dycom, DY, Form 4, Insider Transaction, Stock Acquisition, RSU, PRSU, Executive Compensation, Share Vesting