Granite Construction (GVA) CFO receives stock awards and surrenders shares for taxes

Rhea-AI Filing Summary

Granite Construction Inc. Chief Financial Officer Staci M. Woolsey reported equity compensation grants and related tax share surrenders. On March 13, 2026, she received three awards of common stock totaling 1,656, 2,645 and 6,072 stock units at no cost under the company’s 2021 and 2024 equity incentive plans, with vesting over short- and multi‑year schedules.

On March 14, 2026, 1,021 common shares were surrendered at $120.73 per share to cover tax liabilities as the underlying awards vested, a non‑market, tax‑withholding disposition rather than an open‑market sale. Following these transactions, she directly holds 20,477 common shares.

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

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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).

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^*

WOOLSEY STACI M

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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

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	03/13/2026		A		1,656(1)	A	$0	12,781(2)	D
Common Stock	03/13/2026		A		2,645(3)	A	$0	15,426	D
Common Stock	03/13/2026		A		6,072(3)	A	$0	21,498	D
Common Stock	03/14/2026		F		330(4)	D	$120.73	21,168	D
Common Stock	03/14/2026		F		316(5)	D	$120.73	20,852	D
Common Stock	03/14/2026		F		375(6)	D	$120.73	20,477	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. Stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. The stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.

2. Total adjusted to include dividend equivalents (DEUs: 5 - 1/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated's equity plans since the Reporting Person's last report.

3. Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant.

4. Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/23).

5. Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/24).

6. Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/25).

Remarks:

	/s/ Troy Erickson, attorney-in-fact for Staci M. Woolsey	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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