Granite Construction director granted 1,036 stock units
Mullen Laura M reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Mullen Laura M reported acquisition or exercise transactions in this Form 4 filing.
Granite Construction Inc. director Laura M. Mullen received a grant of 1,036 shares of Common Stock at no cost as an equity award. The award represents restricted stock units under the company’s 2024 Equity Incentive Plan and is scheduled to vest on May 20, 2027. Following this grant, Mullen directly holds 14,529 shares, which include prior dividend equivalents credited under the company’s dividend reinvestment feature.
Insider Trade Summary
Grant/Award: 1,036 shares
Grant/Award
1 txn
Insider
Mullen Laura M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,036 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,529 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: 12 - 10/15/25; 11 - 01/15/26; 11 - 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
Equity award size: 1,036 shares
Grant price: $0.00 per share
Holdings after grant: 14,529 shares
+1 more
4 metrics
Equity award size
1,036 shares
Grant of Common Stock as restricted stock units
Grant price
$0.00 per share
Director equity award, non-cash compensation
Holdings after grant
14,529 shares
Direct ownership following the June 8, 2026 award
Vesting date
May 20, 2027
Scheduled vesting of restricted stock units
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 ...) 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Laura M. Mullen acquire in the latest Granite Construction (GVA) Form 4?
Laura M. Mullen received an equity award of 1,036 shares of Granite Construction Common Stock at no cost. The award is structured as restricted stock units under the company’s 2024 Equity Incentive Plan, rather than an open-market purchase of shares.
When do Laura M. Mullen’s new Granite Construction (GVA) restricted stock units vest?
The restricted stock units granted to Laura M. Mullen are scheduled to vest on May 20, 2027. Vesting means she will fully earn the underlying shares at that date, assuming continued service and satisfaction of any applicable plan conditions.
Was Laura M. Mullen’s Granite Construction (GVA) Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market trade. Mullen received 1,036 shares at a price of $0.00 per share as part of her director compensation, rather than buying or selling shares on the open market.
What role do dividend equivalents play in Laura M. Mullen’s Granite Construction (GVA) holdings?
Dividend equivalents increase the number of units or shares tied to outstanding awards when dividends are paid. Mullen’s total holdings were adjusted to include such dividend equivalents credited since her last report under Granite Construction’s equity plans’ dividend reinvestment feature.
AI-generated analysis. How Rhea-AI works. Not financial advice.
