Granite Construction (GVA) SVP sells 7,500 shares in insider trade

Rhea-AI Filing Summary

Granite Construction Inc. senior vice president Michael G. Tatusko reported an open-market sale of 7,500 shares of common stock at $141.00 per share. This disposition was made from his directly held shares, leaving him with 29,787.28 shares held directly after the transaction.

He also reported an indirect holding of 5,592.35 shares through an ESOP, which reflects adjustments for dividends under the plan’s dividend reinvestment feature since his last report. Footnotes indicate additional dividend equivalents credited under Granite’s equity plans, updating his reported balances rather than representing new market transactions.

Insider Trade Summary

Net Seller: 7,500 shares ($1,057,500)

Net Sell 2 txns

Insider Tatusko Michael G

Role Senior Vice President

Sold 7,500 shs ($1.06M)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,500	$141.00	$1.06M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 29,787.28 shares (Direct, null); Common Stock — 5,592.35 shares (Indirect, By ESOP)

Footnotes (1)

1. Total adjusted to include dividend equivalents (DEUs: 3 - 4/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report. Adjusted to reflect dividends earned under the dividend reinvestment feature of the ESOP Plan since the Reporting Person's last report.

Key Figures

Shares sold: 7,500 shares Sale price per share: $141.00 per share Direct holdings after sale: 29,787.28 shares +2 more

5 metrics

Shares sold 7,500 shares Open-market sale of common stock

Sale price per share $141.00 per share Price for the 7,500-share sale

Direct holdings after sale 29,787.28 shares Common stock held directly post-transaction

Indirect ESOP holdings 5,592.35 shares Common stock held indirectly via ESOP

Net share change 7,500 shares net sold Net buy/sell direction from summary

Key Terms

open-market sale, dividend equivalents, dividend reinvestment feature, ESOP

4 terms

open-market sale financial

"reported an open-market sale of 7,500 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.

dividend equivalents financial

"Total adjusted to include dividend equivalents (DEUs: 3 - 4/15/26)"

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.

dividend reinvestment feature financial

"credited to the Reporting Person under the dividend reinvestment feature"

ESOP financial

"Adjusted to reflect dividends earned under the dividend reinvestment feature of the ESOP Plan"

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.

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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^*

Tatusko Michael G

(Last) (First) (Middle)

585 WEST BEACH STREET

(Street)

WATSONVILLE CALIFORNIA 95076

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/08/2026		S		7,500	D	$141	29,787.28(1)	D
Common Stock								5,592.35(2)	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. Total adjusted to include dividend equivalents (DEUs: 3 - 4/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report.

2. Adjusted to reflect dividends earned under the dividend reinvestment feature of the ESOP Plan since the Reporting Person's last report.

Remarks:

	/s/ Betty Kwong, attorney-in-fact for Michael G. Tatusko	06/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Granite Construction (GVA) report for Michael G. Tatusko?

Granite Construction senior vice president Michael G. Tatusko reported selling 7,500 shares of common stock at $141.00 per share. The filing also updates his direct and ESOP-linked holdings to reflect this sale and dividend-related adjustments since his previous report.

How many Granite Construction (GVA) shares does Michael G. Tatusko hold after the reported sale?

After the sale, Michael G. Tatusko directly holds 29,787.28 Granite Construction common shares. He also has an indirect interest in 5,592.35 shares through an ESOP, with both positions adjusted for dividends credited since his last reported holdings.

What price did the Granite Construction (GVA) senior vice president receive per share in the sale?

The reported open-market sale by Granite Construction senior vice president Michael G. Tatusko was executed at $141.00 per share. This transaction involved 7,500 shares of common stock, reducing his directly held position while retaining a substantial remaining direct shareholding afterward.

What does the ESOP holding mean in Michael G. Tatusko’s Granite Construction (GVA) Form 4?

The ESOP holding reflects 5,592.35 Granite Construction shares held indirectly for Michael G. Tatusko through an employee stock ownership plan. Footnotes explain this balance was adjusted for dividends reinvested under the ESOP’s dividend reinvestment feature since his last ownership report.

How were dividend equivalents treated in Michael G. Tatusko’s Granite Construction (GVA) holdings?

Dividend equivalents were credited under Granite Construction equity plans and reinvested, increasing reported balances. Footnotes note dividend equivalents (DEUs) and ESOP dividends were added since his last report, updating both direct equity plan-related holdings and ESOP shares without representing separate open-market purchases.