[144] Granite Construction Inc. SEC Filing

Rhea-AI Filing Summary

Granite Construction Inc. (GVA) has submitted a Form 144 disclosing that insider James A. Radich intends to sell up to 2,500 common shares through Fidelity Brokerage Services on or after 08/07/2025. Using the indicated market price, the proposed transaction is valued at $236,625. With 43,737,844 shares outstanding, the notice covers roughly 0.006 % of the company’s equity—an amount that is operationally immaterial.

The shares derive from restricted-stock vesting awards granted by the issuer on 03/24/2024 (2,437 shares) and 07/12/2024 (63 shares) as non-cash compensation. Radich previously sold an identical block of 2,500 shares on 05/13/2025 for $212,500, indicating a pattern of liquidity events following vesting. The filer certifies lack of undisclosed adverse information and may rely on a Rule 10b5-1 trading plan.

No earnings, balance-sheet data or forward guidance accompany this filing; the document serves solely as an advance notice of a potential insider sale with negligible dilution or cash-flow impact on Granite Construction.

Positive

• Proposed sale represents only 0.006 % of shares outstanding, posing negligible dilution risk
• Shares stem from compensation vesting, indicating a pre-planned liquidity event rather than potential insider pessimism

Negative

• Second 2,500-share disposal in three months may raise modest perception of insider bearishness

Insights

Securities Analyst

TL;DR Small insider sale (~0.006 % of float) signals routine liquidity, limited market impact.

The Form 144 shows Radich monetising compensation stock—2,500 shares worth $236k—after a similar May sale. Relative to 43.7 M shares outstanding, the block is immaterial, suggesting no pressure on liquidity or valuation. Because the shares were acquired via vesting, the sale appears planned rather than opportunistic. I view the filing as neutral for fundamentals; however, multiple sales within a quarter could create minor sentiment overhang for momentum-focused investors.

Corporate Governance Expert

TL;DR Repeat insider disposals warrant monitoring but remain immaterial in size.

From a governance lens, Form 144 transparency is positive. The filer affirms awareness of Rule 10b5-1 and absence of undisclosed MNPI. Two consecutive 2,500-share sales suggest a structured diversification schedule post-vesting, typical for executive pay programs. Unless cumulative sales accelerate or other insiders follow suit, I classify the event as non-impactful to control or signalling dynamics.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	2500	236625.00	43737844	08/07/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/24/2024	Restricted Stock Vesting	Issuer			2437	03/24/2024	Compensation
Common	07/12/2024	Restricted Stock Vesting	Issuer			63	07/12/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James A Radich 585 W. Beach Street Watsonville CA 95076	Common	05/13/2025	2500	212500.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many GVA shares does the insider plan to sell?

The Form 144 covers up to 2,500 common shares of Granite Construction Inc.

What is the estimated value of the planned sale?

Based on the filing, the block is valued at approximately $236,625.

When could the sale of GVA shares occur?

The approximate sale date listed is 08/07/2025.

What percentage of Granite Construction’s shares does the notice cover?

The 2,500 shares equal roughly 0.006 % of the 43,737,844 shares outstanding.

Has the insider sold GVA stock recently?

Yes. On 05/13/2025, the same insider sold 2,500 shares for $212,500.

How were the shares being sold originally acquired?

They were obtained via restricted-stock vesting on 03/24/2024 (2,437 shares) and 07/12/2024 (63 shares) as compensation.