H. Andrew DeFerrari - Mar 30, 2025 Form 4 Insider Report for DYCOM INDUSTRIES INC (DY)

Role
SVP & CFO
Signature
/s/ Ryan F. Urness by POA from H. Andrew DeFerrari
Stock symbol
DY
Transactions as of
Mar 30, 2025
Transactions value $
-$859,783
Form type
4
Date filed
4/2/2025, 08:02 AM
Previous filing
Mar 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DY Common Stock Award $0 +8.76K +5.39% $0.00 171K Mar 30, 2025 Direct F1, F2
transaction DY Common Stock Tax liability -$860K -5.59K -3.26% $153.89 166K Mar 30, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on March 30, 2025. Each RSU represents a contingent right to acquire one share of DY common stock upon the satisfaction of pre-established performance measures set forth in the award documents. The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income, in each case before certain items. The shares reported include 1,989 of supplemental shares that vested in connection with the satisfaction of the performance measures described in the previous sentence over the preceding three year performance period.
F2 No consideration was paid for the restricted stock units.
F3 Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.