Granite director granted 1,036 RSUs of stock
HERNANDEZ CARLOS M reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
HERNANDEZ CARLOS M reported acquisition or exercise transactions in this Form 4 filing.
Granite Construction Inc. director Carlos M. Hernandez received an award of 1,036 restricted stock units of common stock at no cost. These RSUs were granted under the Granite Construction Incorporated 2024 Equity Incentive Plan and are scheduled to vest on May 20, 2027. Following this grant and related dividend equivalents credited under the company’s equity plans, Hernandez now directly holds a total of 4,632 shares.
Insider Trade Summary
Grant/Award: 1,036 shares
Grant/Award
1 txn
Insider
HERNANDEZ CARLOS M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,036 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 4,632 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
RSUs granted: 1,036 restricted stock units
Shares after transaction: 4,632 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSUs granted
1,036 restricted stock units
Award of common stock RSUs on June 8, 2026
Shares after transaction
4,632 shares
Total direct holdings following the RSU grant
Grant price per share
$0.0000 per share
RSU grant made at no cash cost to recipient
Vesting date
May 20, 2027
Scheduled vesting date for restricted stock units
Dividend equivalents
3 DEUs
1 each on 10/15/25, 01/15/26, 04/15/26 credited since last report
Key Terms
Restricted stock units, Equity Incentive Plan, dividend equivalents
3 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.
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.
dividend equivalents financial
"Total adjusted to include dividend equivalents (DEUs: 1 - 10/15/25; 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Granite Construction (GVA) director Carlos Hernandez report on this Form 4?
Carlos M. Hernandez reported receiving 1,036 restricted stock units of Granite Construction common stock. The award was made at no cost to him and was granted under the company’s 2024 Equity Incentive Plan as equity-based compensation.
When do Carlos Hernandez’s new Granite Construction RSUs vest?
The restricted stock units granted to Carlos M. Hernandez are scheduled to vest on May 20, 2027. Vesting means the units convert into shares he fully owns, subject to any applicable plan terms and continued service conditions in the equity incentive plan.
What equity plan governed the RSU grant to Granite Construction’s director?
The restricted stock units were granted under the Granite Construction Incorporated 2024 Equity Incentive Plan. This plan provides equity-based awards, such as RSUs, to directors and other participants as part of their long-term compensation structure and alignment with shareholders.
What are dividend equivalents mentioned in Carlos Hernandez’s Granite award?
Dividend equivalents are credits that mirror dividends on underlying shares for RSU holders. For Carlos M. Hernandez, three dividend equivalent units were added since his last report under Granite Construction’s equity plans, slightly increasing his reported total share holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
