Granite Construction director buys 400 company shares

Granite Construction Inc director Carlos M. Hernandez purchased 400 shares of common stock on 2026-08-06 at $123.99 per share in a transaction classified as an open-market or private purchase.

Accepted by SEC EDGAR 08/06/2026 - 04:33 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Granite Construction Inc director Carlos M. Hernandez purchased 400 shares of common stock on 2026-08-06 at $123.99 per share in a transaction classified as an open-market or private purchase. After this buy, his direct holdings are 5,033 shares, adjusted to include dividend equivalents credited under Granite Construction equity plans.

Insider Trade Summary

Net Buyer: 400 shares

Net Buy 1 txn

Insider HERNANDEZ CARLOS M

Role Director

Bought 400 shs ($50K)

Increase in Position 8.6%

Type	Security	Shares	Price	Value
Purchase	Common Stock F1	400	$123.99	$50K

Holdings After Transaction: Common Stock — 5,033 shares (Direct)

Holdings Before and After: Common Stock, 4,633 to 5,033 shares (Direct)

Footnotes (1)

1. F1. Total adjusted to include dividend equivalents (DEUs: 1 - 07/15/26) 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

Shares purchased: 400 shares Purchase price: $123.99 per share Post-transaction holdings: 5,033 shares +1 more

4 metrics

Shares purchased 400 shares Non-derivative common stock purchase on 2026-08-06

Purchase price $123.99 per share Price paid for the 400 Granite Construction common shares

Post-transaction holdings 5,033 shares Direct common stock ownership after the reported purchase

Dividend equivalents credited 1 DEU Dividend equivalents (DEUs: 1 – 07/15/26) included in total holdings

Key Terms

dividend equivalents, dividend reinvestment feature, equity plans

3 terms

dividend equivalents financial

"Total adjusted to include dividend equivalents (DEUs: 1 - 07/15/26) credited"

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"

equity plans financial

"under the dividend reinvestment feature of the Granite Construction Incorporated equity plans"

FAQ

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

What insider transaction did Carlos M. Hernandez report at Granite Construction (GVA)?

Carlos M. Hernandez reported a purchase of 400 shares of Granite Construction common stock on 2026-08-06 at $123.99 per share. The transaction is coded as a non-derivative open-market or private purchase, increasing his direct ownership stake in the company.

How many Granite Construction (GVA) shares does Carlos M. Hernandez own after this transaction?

Following the reported transaction, Carlos M. Hernandez directly holds 5,033 shares of Granite Construction common stock. This total has been adjusted to include dividend equivalents credited under the company’s equity plans since his prior ownership report.

What price did Carlos M. Hernandez pay per share for Granite Construction (GVA) stock?

He paid $123.99 per share for 400 shares of Granite Construction common stock. The transaction is listed as a non-derivative purchase, reflecting the per-share price for this open-market or private transaction on 2026-08-06.

Was Carlos M. Hernandez’s Granite Construction (GVA) trade made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so this trade is not reported as occurring under a pre-arranged Rule 10b5-1 trading plan. It is instead reported as a regular discretionary purchase by the director.

What type of ownership does Carlos M. Hernandez report for his Granite Construction (GVA) shares?

The reported holdings are classified as direct ownership, designated with ownership code “D”. This means the 5,033 Granite Construction shares, including related dividend equivalents, are held directly by Carlos M. Hernandez rather than through an indirect entity or trust.

What are the dividend equivalents mentioned in Carlos M. Hernandez’s Granite Construction (GVA) holdings?

His reported total is adjusted to include dividend equivalents (DEUs: 1 – 07/15/26) credited under Granite Construction equity plans. These amounts arise from a dividend reinvestment feature, which credits additional units to his account since the last report.

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

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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^*

HERNANDEZ CARLOS M

(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)
08/06/2026

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	08/06/2026		P		400	A	$123.99	5,033(1)	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. Total adjusted to include dividend equivalents (DEUs: 1 - 07/15/26) 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 Carlos M. Hernandez	08/06/2026
	** 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)