Granite Construction (GVA) CEO sells 7,314 shares under 10b5-1 plan

Rhea-AI Filing Summary

Granite Construction Inc. President and CEO Kyle T. Larkin reported an open‑market sale of 7,314 shares of common stock at a price of $119.84 per share. The sale was executed automatically under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 3, 2025. Following this transaction, he directly holds 181,594 shares of Granite Construction common stock.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Larkin Kyle T

(Last) (First) (Middle)

585 W. BEACH STREET

(Street)

WATSONVILLE CALIFORNIA 95076

(City) (State) (Zip)

UNITED STATES

(Country)

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
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/19/2026		S		7,314(1)	D	$119.84	181,594	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. The reported sale of 7,314 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025.

Remarks:

	/s/ Troy Erickson, attorney-in-fact for Kyle T. Larkin	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Granite Construction (GVA) CEO Kyle Larkin report?

Granite Construction CEO Kyle T. Larkin reported selling 7,314 shares of common stock. The shares were sold in an open‑market transaction at $119.84 per share and executed automatically under a pre‑arranged Rule 10b5‑1 trading plan adopted on December 3, 2025.

Was the Granite Construction (GVA) CEO’s share sale made under a Rule 10b5-1 plan?

Yes, the reported sale of 7,314 Granite Construction shares occurred automatically under a Rule 10b5‑1 trading plan. The plan was adopted by CEO Kyle T. Larkin on December 3, 2025, indicating the transaction timing was pre‑scheduled rather than a discretionary market‑timing decision.

How many Granite Construction (GVA) shares does the CEO hold after this Form 4 sale?

After selling 7,314 shares, Granite Construction President and CEO Kyle T. Larkin directly holds 181,594 shares of common stock. This post‑transaction holding figure comes from the Form 4 and reflects his remaining direct ownership following the disclosed open‑market sale on March 19, 2026.

What price did the Granite Construction (GVA) CEO receive per share in the reported sale?

The CEO’s reported open‑market sale was executed at $119.84 per share. This price applies to the 7,314 Granite Construction common shares sold, as disclosed in the Form 4, and is the transaction price used to calculate the total value of the dispositioned shares.

Does the Granite Construction (GVA) Form 4 show any option exercises or derivative transactions?

No, the Form 4 only reports a sale of common stock and shows no derivative transactions. The derivativeSummary indicates zero remaining option or similar derivative positions reported in this filing, and the transaction code “S” reflects a straightforward open‑market sale of common shares.