Director equity grant correction at Granite Construction (NYSE: GVA)
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Granite Construction Inc. director John Timothy Romer reported an amended equity award. On September 15, 2025, he was granted 1,012 restricted stock units (reported as common stock) at a price of $0 per share. Following this correction, he beneficially owns 1,012 shares directly. The amendment clarifies the originally reported grant size.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Romer John Timothy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,012 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,012 shares (Direct)
Footnotes (1)
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FAQ
What did Granite Construction (GVA) disclose in this Form 4/A?
The filing shows director John Timothy Romer corrected a previously reported equity award. It confirms he received 1,012 restricted stock units on September 15, 2025, updating the number of units originally disclosed for that grant.
Was the Granite Construction (GVA) insider transaction an open-market purchase?
No, the transaction was a grant of restricted stock units at a price of $0 per share, not an open-market purchase. It represents an equity compensation award rather than a cash-funded stock acquisition on the market.
Why was this Granite Construction (GVA) Form 4 amended?
The Form 4/A states it was filed to correct the number of restricted stock units granted to the reporting person on September 15, 2025. The amendment ensures the disclosed grant size accurately reflects the actual equity award.
What is John Timothy Romer’s role at Granite Construction (GVA)?
The filing identifies John Timothy Romer as a director of Granite Construction Inc. His relationship to the issuer is marked as director, and the reported equity grant represents compensation tied to his board service.