[144] Granite Construction Inc. SEC Filing
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.
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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.