Granite Construction (GVA) Files Form 144 for 2,025-Share Sale

Rhea-AI Filing Summary

Granite Construction Inc. (GVA) Form 144 reports a proposed sale of 2,025 shares of common stock through Merrill Lynch on the NYSE with an aggregate market value of $223,074. The shares were acquired as vested restricted shares on 03/24/2024 and were received as a stock bonus. The filing identifies prior sales by the same person: 2,025 shares sold on 05/28/2025 for $185,814. The filer certifies they have no undisclosed material adverse information about the issuer.

Insights

Financial Analyst

TL;DR: Small insider sale of vested restricted shares; immaterial to company valuation.

The filing documents a routine disposition of 2,025 vested restricted shares with an indicated market value of $223,074. Relative to the reported outstanding share count of 43,786,156, the transaction is de minimis (<0.01%). There is no earnings or operational data disclosed and no indication of undisclosed adverse information per the filer’s certification. For investors, this reads as a standard insider liquidity event rather than a signal of material company change.

Corporate Governance Expert

TL;DR: Compliance filing appears complete; sale aligns with typical post-vesting dispositions.

The notice specifies the shares were acquired as vested restricted stock and will be sold via a broker, consistent with common executive/employee compensation monetization. The filer affirms absence of material non-public information. The disclosure includes a prior sale by the same person in the past three months, which is properly reported. No governance red flags or procedural irregularities are evident from the provided content.

FAQ

What securities did Granite Construction (GVA) file to sell on Form 144?

The filing reports a proposed sale of 2,025 shares of common stock to be sold on the NYSE through Merrill Lynch.

When were the shares being sold originally acquired?

The shares were acquired as vested restricted shares on 03/24/2024 and were received as a stock bonus.

What is the aggregate market value of the proposed sale?

The aggregate market value reported for the proposed sale is $223,074.

Has the filer sold any Granite Construction (GVA) shares in the past three months?

Yes. The filing discloses a sale of 2,025 shares on 05/28/2025 with gross proceeds of $185,814 by the same person.

Does the filer state they possess any undisclosed material information?

The filer signs the notice representing they do not know of any material adverse information about the issuer that is not publicly disclosed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/28/2025 - 11:59 AM Learn about SEC filing dates

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	0001838805
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	GRANITE CONSTRUCTION INC
SEC File Number	001-12911
Address of Issuer	585 WEST BEACH ST WATSONVILLE CALIFORNIA 95076
Phone	8317241011
Name of Person for Whose Account the Securities are To Be Sold	Dowd Brian R
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	Officer

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 STOCK	MERRILL LYNCH 555 CAPITOL MALL STE 1400 SACRAMENTO CA 95814	2025	223074.00	43786156	08/28/2025	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 STOCK	03/24/2024	VESTED RESTRICTED SHARES	GRANITE CONSTRUCTION INC			2025	03/24/2024	STOCK BONUS

* 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
BRIAN R DOWD 585 WEST BEACH ST WATSONVILLE CA 95076	COMMON STOCK	05/28/2025	2025	185814.00

144: Remarks and Signature

Remarks
Date of Notice	08/28/2025
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	BRIAN R DOWD
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)