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Granite Construction Inc. director Celeste B. Mastin filed an amended insider trading report to correct an earlier equity award entry. On August 12, 2025, she acquired 1,325 shares of common stock as a restricted stock unit grant at $0 per share. Following this grant, she beneficially owns 17,910 shares of Granite Construction common stock in direct ownership.
Granite Construction director Laura M. Mullen corrected a prior insider filing to reflect an equity grant. The amended report shows she acquired 1,325 shares of common stock on August 12, 2025 as a restricted stock unit award at a price of $0 per share. Following this grant, she beneficially owns 13,459 shares directly.
Granite Construction Inc. director Michael F. McNally reported an amended equity award, correcting the number of restricted stock units granted on August 12, 2025. The Form 4/A shows an acquisition of 1,920 shares of common stock at a price of $0, reflecting a stock-based grant rather than a cash purchase.
After this adjustment, McNally is shown as beneficially owning 34,058 shares of Granite Construction common stock in direct form. The filing is administrative, clarifying the size of the prior restricted stock unit grant.
Granite Construction director Carlos M. Hernandez received an award of 1,325 shares of common stock on August 12, 2025, reported as an acquisition at a price of $0, reflecting a restricted stock unit grant. After this award, he beneficially owned 3,593 shares held directly. This Form 4/A is an amendment filed to correct the number of restricted stock units originally reported as granted on that date.
Granite Construction Inc. director Louis E. Caldera reported an amended equity award, correcting the number of restricted stock units granted on August 12, 2025. The filing shows an acquisition of 1,325 shares of common stock at a price of $0, reflecting this corrected grant.
Following this transaction, Caldera beneficially owns 12,192 shares of Granite Construction common stock in direct ownership. The amendment clarifies the prior disclosure rather than reporting a new cash transaction.
Granite Construction Incorporated is a large, vertically integrated U.S. civil contractor and construction materials producer focused on transportation, water, power and other infrastructure. It operates through Construction and Materials segments with home markets across multiple states and national specialty divisions.
As of December 31, 2025, committed and awarded projects (CAP) totaled $7.0 billion, up from $5.3 billion a year earlier, with about $3.0 billion of unearned revenue expected to be completed during 2026. Roughly 70% of 2025 construction revenue was funded by federal, state and local agencies, underscoring reliance on public infrastructure spending.
The company expanded its vertically integrated footprint in 2025 by acquiring Warren Paving, Papich Construction and Cinderlite$446.6 million, or 10.1% of total revenue. Granite employed about 2,500 salaried and 3,300 hourly workers at year-end and highlights safety, sustainability and talent development as core priorities.
Granite Construction reported strong fourth quarter and fiscal 2025 results, highlighted by record Committed and Awarded Projects (CAP) of $7.0 billion, up 32% year-over-year. This growing backlog reflects robust public infrastructure demand and increased project wins.
Fiscal 2025 revenue rose to $4.4 billion from $4.0 billion, while net income attributable to Granite increased to $193 million from $126 million. Adjusted net income reached $276 million and adjusted EBITDA grew to $527 million from $402 million, showing meaningful margin improvement. Operating cash flow was $469 million, or 10.6% of revenue.
Granite’s Materials segment delivered nearly 30% revenue growth and a 67.7% increase in gross profit, helped by acquisitions and higher asphalt and aggregate pricing. For 2026, the company guides revenue to $4.9–$5.1 billion, adjusted EBITDA margin of 12.0–13.0%, SG&A at 8.5–9.0% of revenue, and capital spending of $140–$160 million, including about $50 million for strategic materials investments.
FMR LLC has disclosed a significant passive stake in Granite Construction Inc. As of 12/31/2025, FMR LLC reports beneficial ownership of 4,627,464.29 shares of Granite Construction common stock, representing 10.4% of the class. FMR LLC has sole voting power over 4,506,730.41 shares and sole dispositive power over the full 4,627,464.29 shares, with no shared voting or dispositive power.
Company leader Abigail P. Johnson is also listed as a reporting person, with beneficial ownership of the same 4,627,464.29 shares and sole dispositive power, but no voting power. The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Granite Construction, consistent with a passive investment under Schedule 13G.
Granite Construction Inc. (GVA) director Celeste B. Mastin reported a sale of company stock. On 11/24/2025, Mastin sold 7,614 shares of Granite Construction common stock at a weighted average price of $105.235 per share, with individual trade prices ranging from $105.21 to $105.43. Following this transaction, Mastin beneficially owns 10,206 shares of Granite Construction common stock. The filing notes that the share total was adjusted to include dividend equivalents credited under the company’s equity plans.
Granite Construction Inc. (GVA) has a planned insider sale filing under Rule 144 covering 7,614 shares of common stock, with an aggregate market value of $801,260.17. The trade is planned through Merrill Lynch on the NYSE, with an approximate sale date of 11/24/2025. Granite Construction had 43,649,806 shares outstanding at the time indicated, which is a baseline figure for the company’s equity.
The shares to be sold were originally acquired as vested restricted shares and stock bonuses from Granite Construction Inc. on several dates, including 620 shares on 05/20/2017, 1,882 shares on 05/20/2019, 2,842 shares on 06/02/2021, and 2,270 shares on 05/20/2025. The seller represents that they are not aware of undisclosed material adverse information about Granite Construction’s current or prospective operations.