Director updates RSU grant at Granite Construction (NYSE: GVA)
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Granite Construction Inc. director Michael F. McNally reported an amended equity award, correcting the number of restricted stock units granted on August 12, 2025. The Form 4/A shows an acquisition of 1,920 shares of common stock at a price of $0, reflecting a stock-based grant rather than a cash purchase.
After this adjustment, McNally is shown as beneficially owning 34,058 shares of Granite Construction common stock in direct form. The filing is administrative, clarifying the size of the prior restricted stock unit grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McNally Michael F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,920 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,058 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Granite Construction (GVA) report in this Form 4/A?
Granite Construction reported an amended insider transaction for director Michael F. McNally. The filing corrects a restricted stock unit grant to show an acquisition of 1,920 shares of common stock on August 12, 2025 at a price of $0 per share.
Who is the insider in the Granite Construction (GVA) Form 4/A filing?
The insider is Michael F. McNally, a director of Granite Construction Inc. The Form 4/A reflects his equity compensation, specifically a corrected restricted stock unit grant, and updates his beneficial ownership of the company’s common stock following that grant.
What is Michael F. McNally’s reported ownership in Granite Construction (GVA)?
After the corrected grant, Michael F. McNally is reported as beneficially owning 34,058 shares of Granite Construction common stock. The filing indicates this ownership is held directly, reflecting his updated stake following the restricted stock unit award.
Why was this Granite Construction (GVA) Form 4/A filed as an amendment?
The Form 4/A was filed to correct the number of restricted stock units previously reported for Michael F. McNally. The explanation states it amends the earlier disclosure so the August 12, 2025 equity grant accurately reflects 1,920 restricted stock units.
What transaction code is used in the Granite Construction (GVA) Form 4/A?
The Form 4/A uses transaction code “A,” indicating an acquisition of securities. In this case, it records the director receiving 1,920 shares of Granite Construction common stock as a restricted stock unit grant on August 12, 2025 at a price of $0 per share.