STOCK TITAN

Director updates RSU grant at Granite Construction (NYSE: GVA)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McNally Michael F

(Last) (First) (Middle)
C/O 585 WEST BEACH STREET

(Street)
WATSONVILLE CA 95076

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GRANITE CONSTRUCTION INC [ GVA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/14/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/12/2025 A 1,920(1) A $0 34,058 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This amendment is being filed to correct the number of restricted stock units granted to the reporting person on August 12, 2025.
Remarks:
/s/ Troy Erickson, attorney-in-fact for Michael F. McNally 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Granite Construction (GVA) shares were granted to the director?

The amended filing shows a grant of 1,920 shares of Granite Construction common stock. These shares represent restricted stock units awarded on August 12, 2025, recorded at an acquisition price of $0, indicating stock-based compensation rather than a cash purchase.

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.
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5.64B
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Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
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United States
WATSONVILLE