DYCOM 8-K: Officer/Director Changes, Compensation Arrangements

TL;DR

**Dycom filed an 8-K on Jan 5, 2024, signaling potential executive changes or new compensation plans.**

AI Summary

Dycom Industries, Inc. filed an 8-K on January 5, 2024, to report an event related to the departure or election of directors or officers, and compensatory arrangements for certain officers. This filing indicates potential changes in leadership or executive compensation structures, which could influence the company's strategic direction and financial performance. For investors, understanding these changes is crucial as they can impact future operational efficiency and shareholder value.

Why It Matters

Changes in executive leadership or compensation can signal shifts in company strategy or financial health, directly affecting investor confidence and stock valuation.

Risk Assessment

Risk Level: medium — Changes in leadership or compensation can introduce uncertainty, but the specific details are not yet public, making the impact unknown.

Analyst Insight

Investors should monitor subsequent filings or company announcements for specific details regarding the executive changes or compensation arrangements to assess their potential impact on Dycom's future performance.

Key Players & Entities

• DYCOM INDUSTRIES INC (company) — the registrant filing the 8-K
• January 5, 2024 (date) — date of earliest event reported and filing date
• 001-10613 (string) — Commission file number
• 59-1277135 (string) — I.R.S. employer identification number

FAQ

Key Financial Figures

• $0.33 — ch Registered Common stock, par value $0.33 1/3 per share DY New York Stock Exc

Filing Documents

• ss2881078_8k.htm (8-K) — 27KB
• 0000947871-24-000012.txt ( ) — 193KB
• dy-20240105.xsd (EX-101.SCH) — 3KB
• dy-20240105_lab.xml (EX-101.LAB) — 33KB
• dy-20240105_pre.xml (EX-101.PRE) — 22KB
• ss2881078_8k_htm.xml (XML) — 3KB

02 Departure of Directors or Certain Officers; Election

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 5, 2024, Ms. Sharon Villaverde, the Vice President and Chief Accounting Officer of Dycom Industries, Inc. (the "Company") tendered her resignation with the Company, effective March 1, 2024. Ms. Villaverde is resigning solely to pursue other opportunities and has indicated that her decision does not result from any disagreement with the Company's management or its Board of Directors. On January 5, 2024, the Company's Senior Vice President and Chief Financial Officer, Mr. H. Andrew DeFerrari, was appointed to also serve as the Company's Principal Accounting Officer, effective immediately. Mr. DeFerrari has served as the Company's Senior Vice President and Chief Financial Officer since April 2008. Prior to that, Mr. DeFerrari was the Company's Vice President and Chief Accounting Officer from November 2005 to April 2008 and was the Company's Financial Controller from July 2004 to November 2005. Mr. DeFerrari was previously a senior audit manager with Ernst & Young Americas, LLC. Mr. DeFerrari has no family relationships with any current director or executive officers of the Company, and there are no transactions or proposed transactions to which the Company is a party, or intended to be a party, in which Mr. DeFerrari has, or will have, a material interest subject to disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings with any other person pursuant to which Mr. DeFerrari was appointed as the Company's Principal Accounting Officer.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Dated: January 5, 2024 DYCOM INDUSTRIES, INC. (Registrant) By: /s/ Ryan F. Urness Name: Ryan F. Urness Title: Vice President, General Counsel and Corporate Secretary