[144] Granite Construction Inc. SEC Filing
Granite Construction Inc. (GVA) Form 144 notifies a proposed sale of 2,000 shares of common stock through Merrill Lynch on or about 08/21/2025 on the NYSE. The filing lists an aggregate market value of $220,000 and reports 43,786,156 shares outstanding. The shares were acquired as vested restricted shares on 03/24/2024 from Granite Construction Inc., with the acquisition listed as a stock bonus and a payment date of 03/24/2025. The filer reports no securities sold by the person in the past three months and includes the standard attestation regarding absence of undisclosed material information.
- Broker disclosed: Sale will be handled by Merrill Lynch, providing market execution channels
- No recent sales: The filer reports "Nothing to Report" for securities sold in the past three months
- Acquisition transparency: Acquisition date, nature (vested restricted shares), and payment type (stock bonus) are explicitly stated
- None.
Insights
TL;DR: Small, routine insider sale notice executed via a major broker, appearing primarily administrative and compliance-driven.
The Form 144 reports a proposed disposition of 2,000 common shares through Merrill Lynch with an indicated aggregate market value of $220,000. The shares were acquired as vested restricted shares from the issuer on 03/24/2024 and characterized as a stock bonus. No securities by the person were reported sold in the prior three months. From a trading-impact perspective, the size of the proposed sale versus total outstanding shares suggests limited market impact. The filing fulfills Rule 144 requirements and provides the broker, approximate sale date, and acquisition details necessary for regulatory transparency.
TL;DR: The filing documents a compliant disclosure of an insider sale tied to vested compensation; no governance red flags are evident.
The notice shows the disposition stems from vested restricted shares granted by the company and recorded as a stock bonus, with acquisition and payment dates provided. The inclusion of the broker name and the attestation about no undisclosed material information aligns with standard disclosure practices. There are no indications of unusual timing, clustered insider sales, or recent related-party dispositions in the report. Based on the information provided, this appears to be routine insider liquidity following vesting.