4/A: DYCOM VP & CAO Corrects Stock Withholding Disclosure
Insider Transaction Amendment
Dycom Industries' VP & CAO, Heather M. Floyd, filed an amended Form 4 to correct the number of shares withheld for tax liability.
Summary
- Heather M. Floyd, VP & CAO of Dycom Industries Inc. (DY), filed an amendment to a previously reported transaction.
- The amendment corrects the number of common stock shares withheld for tax liability incident to the vesting of time-vesting restricted stock units (TRSUs) and performance-vesting restricted stock units (PRSUs).
- On March 30, 2026, 627 shares of common stock were disposed of at a price of $341.96 per share for tax payment.
- Following this corrected transaction, Heather M. Floyd beneficially owns 4,756 shares of common stock directly, which includes unvested TRSUs.
- The original Form 4 filed on March 31, 2026, inadvertently reported an incorrect number of shares withheld.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It is an administrative correction of a previous filing regarding an insider's tax-related stock withholding, not indicative of operational performance or strategic changes.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for company insiders regarding changes in their beneficial ownership of company securities. Amendments to correct administrative errors, while uncommon, are also part of the regulatory compliance process.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a correction of an insider's share count for tax purposes and does not reflect a change in company fundamentals or strategy.
Key Dates
| Date | Description |
|---|---|
| 03/30/2026 | Date of common stock disposition for tax liability. |
| 03/31/2026 | Date the original Form 4 was filed, which contained an incorrect number of shares. |
| 04/01/2026 | Date the amended Form 4 was signed by the reporting person's Power of Attorney. |
Keywords
DYCOM INDUSTRIES INC, DY, Form 4, insider transaction, stock withholding, restricted stock units, tax liability, amendment
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