Granite Construction director granted 1,036 stock units
Romer John Timothy reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Romer John Timothy reported acquisition or exercise transactions in this Form 4 filing.
Granite Construction Inc. director John Timothy Romer reported receiving a grant of 1,036 shares of common stock as a stock award with no cash paid per share. After this grant, he directly holds 2,051 shares. The restricted stock units vest on May 20, 2027 under the company’s 2024 Equity Incentive Plan.
Insider Trade Summary
Grant/Award: 1,036 shares
Grant/Award
1 txn
Insider
Romer John Timothy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,036 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 2,051 shares (Direct)
Footnotes (2)
- F1. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027.
- F2. Total adjusted to include dividend equivalents (DEUs: 1 - 10/15/25; 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
Stock award granted: 1,036 shares
Grant price per share: $0.00 per share
Shares held after grant: 2,051 shares
+2 more
5 metrics
Stock award granted
1,036 shares
Common Stock grant reported on June 8, 2026
Grant price per share
$0.00 per share
Compensation-related restricted stock unit award
Shares held after grant
2,051 shares
Total direct ownership following reported transaction
Vesting date
May 20, 2027
Restricted stock units vesting under 2024 Equity Incentive Plan
Dividend equivalent units
1 unit on each of 3 dates
DEUs on 10/15/25, 01/15/26, 04/15/26 credited since last report
Key Terms
Restricted stock units, dividend equivalents, Equity Incentive Plan, Grant, award, or other acquisition
4 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.
dividend equivalents financial
"Total adjusted to include dividend equivalents (DEUs) credited to the Reporting Person under the dividend reinvestment feature."
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.
Equity Incentive Plan financial
"Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Grant, award, or other acquisition financial
"Transaction code description indicates a Grant, award, or other acquisition."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Granite Construction (GVA) director John Timothy Romer report in this Form 4?
He reported receiving 1,036 shares of Granite Construction common stock as a stock award. The award was granted at no cash cost per share and increased his direct holdings to 2,051 shares following the transaction.
Is the Granite Construction (GVA) transaction a market purchase or a compensation grant?
The transaction is a compensation-related grant, not a market purchase. It is coded as a grant or award acquisition, with a price per share of $0.00, reflecting restricted stock units issued under Granite Construction’s 2024 Equity Incentive Plan.
When do John Timothy Romer’s Granite Construction (GVA) restricted stock units vest?
The restricted stock units vest on May 20, 2027. Until vesting, they remain subject to the plan’s terms and conditions, after which they can convert into shares of Granite Construction common stock, assuming continued satisfaction of any applicable requirements.
What are the dividend equivalents mentioned in the Granite Construction (GVA) Form 4 footnotes?
Dividend equivalents are additional units credited in lieu of cash dividends on unvested awards. The filing notes three 1-unit credits on October 15, 2025, January 15, 2026, and April 15, 2026 under Granite Construction’s equity plans since the last report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
