Granite Construction (NYSE: GVA) SVP sells 6,734 shares at $141 each
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Granite Construction Senior Vice President Bradley Jay Williams reported an open-market sale of 6,734 shares of Common Stock at $141.00 per share. After the sale, he directly holds 7,041 shares. He also has an indirect stake of 8,260.74 shares held by an ESOP as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,734 shares ($949,494)
Net Sell
2 txns
Insider
Williams Bradley Jay
Role
Senior Vice President
Sold
6,734 shs ($949K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,734 | $141.00 | $949K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,041 shares (Direct, null);
Common Stock — 8,260.74 shares (Indirect, By ESOP)
Footnotes (1)
Key Figures
Shares sold: 6,734 shares
Sale price: $141.00 per share
Direct holdings after sale: 7,041 shares
+1 more
4 metrics
Shares sold
6,734 shares
Open-market sale of common stock
Sale price
$141.00 per share
Price for sold common shares
Direct holdings after sale
7,041 shares
Common stock held directly post-transaction
Indirect ESOP holdings
8,260.74 shares
Common stock held indirectly via ESOP
Key Terms
open-market sale, Common Stock, ESOP, indirect ownership
4 terms
open-market sale financial
"reported an open-market sale of 6,734 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of 6,734 shares of 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.
ESOP financial
"He also has an indirect stake of 8,260.74 shares held by an ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
indirect ownership financial
"This position is reported as indirect ownership, separate from his directly held 7,041 shares"
FAQ
What insider transaction did GVA executive Bradley Jay Williams report?
Bradley Jay Williams reported selling 6,734 shares of Granite Construction common stock. The Form 4 shows an open-market sale, reflecting a reduction in his directly held shares while maintaining both direct and indirect ownership positions afterward.
Does Bradley Jay Williams have any indirect ownership in Granite Construction (GVA)?
Yes, he is shown with 8,260.74 Granite Construction shares held indirectly through an ESOP. This position is reported as indirect ownership, separate from his directly held 7,041 shares after the disclosed open-market sale.
What role does Bradley Jay Williams hold at Granite Construction (GVA)?
Bradley Jay Williams is identified as a Senior Vice President at Granite Construction. His status as an officer makes him a reporting person, requiring disclosure of transactions like the 6,734-share open-market sale described in this Form 4.