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[144] Granite Construction Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
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.

Positive
  • None.
Negative
  • None.

Insights

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.

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.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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.
Granite Constr Inc

NYSE:GVA

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4.50B
43.29M
1.1%
117.5%
10.22%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
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United States
WATSONVILLE