Granite director awarded 1,036 restricted stock units

Mastin Celeste Beeks reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Mastin Celeste Beeks reported acquisition or exercise transactions in this Form 4 filing.

Granite Construction Inc. director Celeste Beeks received an equity grant of 1,036 shares of Common Stock at no cash cost, recorded as a grant or award. These are restricted stock units granted under the Granite Construction Incorporated 2024 Equity Incentive Plan and are scheduled to vest on May 20, 2027.

Following this award and related dividend equivalents, Beeks directly holds 11,335 shares. Footnotes note that the total includes dividend equivalents credited on January 15, 2026 and April 15, 2026 under the company’s dividend reinvestment feature, highlighting that this Form 4 reflects routine compensation and reinvestment adjustments rather than open-market buying or selling.

Insider Trade Summary

Grant/Award: 1,036 shares

Grant/Award 1 txn

Insider Mastin Celeste Beeks

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,036	$0.00	$0.00

Holdings After Transaction: Common Stock — 11,335 shares (Direct)

Footnotes (2)

1. F1. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027.
2. F2. Total adjusted to include dividend equivalents (DEUs: 1 - 01/15/26; 1 - 04/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report.

Key Figures

RSU grant size: 1,036 shares Grant price: $0.00 per share Post-transaction holdings: 11,335 shares +3 more

6 metrics

RSU grant size 1,036 shares Restricted stock units granted as Common Stock award

Grant price $0.00 per share Compensation grant, no cash paid by director

Post-transaction holdings 11,335 shares Total Common Stock directly held after award

Vesting date May 20, 2027 Restricted stock units scheduled vesting date

Dividend equivalents 01/15/26 1 unit Credited under dividend reinvestment feature

Dividend equivalents 04/15/26 1 unit Credited under dividend reinvestment feature

Key Terms

Restricted stock units, 2024 Equity Incentive Plan, dividend equivalents, dividend reinvestment feature, +1 more

5 terms

Restricted stock units financial

"Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2024 Equity Incentive Plan financial

"Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan."

dividend equivalents financial

"Total adjusted to include dividend equivalents (DEUs: 1 - 01/15/26; 1 - 04/15/26) credited to the Reporting Person."

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

dividend reinvestment feature financial

"credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans."

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Granite Construction (GVA) director Celeste Beeks report on this Form 4?

Director Celeste Beeks reports receiving 1,036 shares of Granite Construction Common Stock as a grant under the 2024 Equity Incentive Plan. The award is compensation-based, involves no purchase price, and increases her direct holdings to 11,335 shares after the transaction.

What type of equity did Celeste Beeks receive from Granite Construction (GVA)?

Beeks received restricted stock units representing 1,036 shares of Common Stock as a grant. These units were issued under Granite Construction Incorporated’s 2024 Equity Incentive Plan, reflecting equity-based compensation rather than an open-market stock purchase by the director.

When do Celeste Beeks’s Granite Construction (GVA) restricted stock units vest?

The restricted stock units reported in this filing are scheduled to vest on May 20, 2027. Vesting means the units convert into shares the director fully owns, subject to plan terms and continued service conditions described in the company’s equity incentive arrangements.

How many Granite Construction (GVA) shares does Celeste Beeks own after this Form 4 transaction?

After this award, Celeste Beeks directly holds 11,335 shares of Granite Construction Common Stock. That total reflects the new 1,036-share grant plus dividend equivalents previously credited under the company’s dividend reinvestment features since her last reported ownership update.

What are the dividend equivalents mentioned in Celeste Beeks’s Granite Construction (GVA) filing?

Dividend equivalents are additional units credited to match dividends paid on underlying shares. The filing notes two credits of 1 unit each on January 15, 2026 and April 15, 2026, added under Granite Construction’s equity plans’ dividend reinvestment feature since Beeks’s last report.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/09/2026 - 04:37 PM Learn about SEC filing dates

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^*

Mastin Celeste Beeks

(Last) (First) (Middle)

585 WEST 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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

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	06/08/2026		A		1,036(1)	A	$0	11,335(2)	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. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027.

2. Total adjusted to include dividend equivalents (DEUs: 1 - 01/15/26; 1 - 04/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report.

Remarks:

	/s/ Betty Kwong, attorney-in-fact for Celeste B. Mastin	06/09/2026
	** 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)