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Granite Construction (GVA) SVP receives stock grants, boosts direct and ESOP share holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Williams Bradley Jay reported acquisition or exercise transactions in this Form 4 filing.

Granite Construction Inc. Senior Vice President Bradley Jay Williams reported stock-based compensation grants of common stock on March 13, 2026. Three award transactions increased his direct holdings to 18,828 shares of common stock, with no cash paid per share.

Footnotes explain that stock units were granted under Granite’s 2024 and 2021 Equity Incentive Plans and vest 100% ten days after the grant date, with one grant vesting quickly because he is retirement eligible. He also reports 8,260.8 shares held indirectly through an ESOP.

Positive

  • None.

Negative

  • None.

Insights

Routine stock awards increase a senior executive’s equity stake with rapid vesting.

Granite Construction Inc. granted Senior Vice President Bradley Jay Williams several stock-based awards of common stock on March 13, 2026. The transactions are coded “A,” indicating grants or awards, with a reported price of $0.0000 per share, which is typical for equity compensation rather than open-market purchases.

After these awards, his directly held common stock position rises to 18,828 shares, and he also reports 8,260.8 shares held indirectly through an ESOP. Footnotes state the stock units come from the 2024 and 2021 Equity Incentive Plans and vest 100% ten days after grant, with one grant accelerating because he is retirement eligible.

These entries represent compensation-driven acquisitions, not market buying or selling, and there are no derivative positions listed in the derivative summary. Future company filings may provide additional context on ongoing equity incentive activity and any changes in his overall ownership profile.

Insider Williams Bradley Jay
Role Senior Vice President
Type Security Shares Price Value
Grant/Award Common Stock 1,242 $0.00 --
Grant/Award Common Stock 3,200 $0.00 --
Grant/Award Common Stock 7,345 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 8,283 shares (Direct); Common Stock — 8,260.8 shares (Indirect, By ESOP)
Footnotes (1)
  1. Stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant due to Mr. Williams being retirement eligible. Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant.
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Form 4 Insider Transactions: What Each Field Means →
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*
Williams Bradley Jay
(Last) (First) (Middle)
585 WEST BEACH STREET
(Street)
WATSONVILLE CA 95076
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GRANITE CONSTRUCTION INC [ GVA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/13/2026 A 1,242 A(1) $0 8,283 D
Common Stock 03/13/2026 A 3,200 A(2) $0 11,483 D
Common Stock 03/13/2026 A 7,345 A(2) $0 18,828 D
Common Stock 8,260.8 I By ESOP
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. Stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant due to Mr. Williams being retirement eligible.
2. Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant.
Remarks:
See Exhibit for POA.
/s/ Troy Erickson, attorney-in-fact for Bradley Jay Williams 03/17/2026
** 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.

Source: View Original Filing on SEC EDGAR