Granite Construction awards 993 RSUs to director
NASH GEORGE reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
NASH GEORGE reported acquisition or exercise transactions in this Form 4 filing.
Granite Construction Inc director George Nash reported an equity award of 993 restricted stock units tied to common stock. The units were granted under the Granite Construction Incorporated 2024 Equity Incentive Plan and will vest on May 20, 2027. Following this grant, Nash directly holds 993 shares/units reported as common stock.
Insider Trade Summary
Grant/Award: 993 shares
Grant/Award
1 txn
Insider
NASH GEORGE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 993 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 993 shares (Direct)
Holdings Before and After:
Common Stock, 0 to 993 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027.
Key Figures
Restricted stock units granted: 993 units
Price per share for grant: $0.0000
Shares held after transaction: 993 shares
+2 more
5 metrics
Restricted stock units granted
993 units
Grant to director George Nash on 2026-08-06 under 2024 Equity Incentive Plan
Price per share for grant
$0.0000
Reported transaction price per share for the 993-unit award
Shares held after transaction
993 shares
Total direct holdings reported following the award
Grant date
2026-08-06
Date of restricted stock unit award to director George Nash
Vesting date
May 20, 2027
Date on which the restricted stock units are scheduled to vest
Key Terms
Restricted stock units, Equity Incentive Plan, vest
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.
vest financial
"Restricted stock units vest on May 20, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Granite Construction (GVA) report for George Nash?
Granite Construction reported that director George Nash received an award of 993 restricted stock units tied to common stock. The grant was made under the company’s 2024 Equity Incentive Plan and represents a compensation-related acquisition, not an open-market purchase or sale.
When do George Nash’s newly granted Granite Construction (GVA) restricted stock units vest?
The 993 restricted stock units granted to director George Nash are scheduled to vest on May 20, 2027. Until vesting, the units remain subject to the terms and conditions of Granite Construction’s 2024 Equity Incentive Plan, including continued service and any plan-specific restrictions.
Was George Nash’s Granite Construction (GVA) equity award an open-market transaction?
No, the transaction is coded as a grant, award, or other acquisition, not a market trade. The 993 restricted stock units were granted at a reported price of $0.00 per share under the 2024 Equity Incentive Plan as part of director compensation.
Is George Nash’s Granite Construction (GVA) stock grant tied to a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan for this transaction. The award of 993 restricted stock units is characterized as a compensation grant under the 2024 Equity Incentive Plan, rather than as a pre-arranged trading plan transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
