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Granite Construction (GVA) reported an insider transaction by its Chief Financial Officer. On 11/12/2025, the officer sold 1,500 shares of common stock at $103 per share (Transaction Code: S). Following the trade, the officer beneficially owned 11,120 shares, held as direct ownership.
Granite Construction Inc. (GVA) — Form 144 notice of proposed sale. A holder filed to sell 1,500 shares of Granite Construction common stock, with an aggregate market value of $154,500. The approximate sale date is 11/12/2025 through Merrill Lynch, with trading on the NYSE.
The shares were acquired via vested restricted share awards on 09/24/2022 (166), 03/14/2023 (392), 09/24/2023 (131), 03/14/2024 (704), and 09/24/2024 (107). Shares outstanding were 43,649,806.
Granite Construction (GVA) Chief Financial Officer Staci M. Woolsey reported an insider transaction on 11/05/2025. The filing shows 187 shares of common stock were withheld under Transaction Code F at $102.76 per share to cover taxes upon vesting of equity awards.
Following the transaction, Woolsey beneficially owns 12,620 shares directly. The filing notes the total was adjusted to include dividend equivalents credited since the last report: 8 on 4/15/2025, 7 on 7/15/2025, and 6 on 10/15/2025.
Granite Construction (GVA) reported stronger Q3 results. Revenue rose to $1.43 billion from $1.28 billion, lifting gross profit to $260.5 million. Net income attributable to Granite increased to $102.9 million, with diluted EPS of $1.98 versus $1.57 a year ago. Operating income improved to $143.7 million.
The company closed two strategic deals on August 5, 2025: Warren Paving for $540.0 million and Papich Construction for $170.0 million, adding revenue and gross profit in both Construction and Materials. Subsequent to quarter-end, Granite acquired Cinderlite for $58.5 million. To support these moves, Granite entered a new Credit Agreement, including a $600.0 million term loan and a $600.0 million revolver; it also initiated interest rate swaps effective January 2026 on $350 million of notional to fix SOFR-based borrowings at 3.218% plus margin.
Unearned revenue (backlog under contract) reached $4.33 billion, with about $3.2 billion expected to convert within 12 months. Operating cash flow was $289.6 million year-to-date, while investing cash outflows of $(947.8) million reflected acquisition spending. Materials revenue grew to $271.0 million, driven by aggregates and asphalt.
Granite Construction (GVA) furnished an earnings press release under Item 2.02 for the three and nine months ended September 30, 2025. The company attached the release as Exhibit 99.1 and indicated the information is furnished, not filed, under the Exchange Act.
The filing is a routine 8-K update that directs readers to the press release for detailed results. Granite’s common stock trades on the NYSE under the symbol GVA.
Granite Construction (GVA): Ownership update. FMR LLC and Abigail P. Johnson filed a Schedule 13G reporting beneficial ownership of 2,532,766.13 shares of Granite Construction common stock, representing 5.7% of the class as of the event date 09/30/2025.
FMR LLC reports sole voting power over 2,516,146.41 shares and sole dispositive power over 2,532,766.13 shares, with no shared powers. Abigail P. Johnson reports sole dispositive power over 2,532,766.13 shares and no voting power. The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. One or more other persons may have rights to dividends or proceeds, but none exceeds five percent.
John Timothy Romer, a director of Granite Construction Inc. (GVA), was granted 942 restricted stock units on 09/15/2025. The award is described as restricted stock units under the Granite Construction Incorporated 2024 Equity Incentive Plan and will vest on May 20, 2026. The Form 4 was signed by an attorney-in-fact on 09/19/2025. Following the reported transaction, Mr. Romer beneficially owns 942 shares attributable to the granted RSUs.
Granite Construction Inc. (GVA) Form 3 discloses that John Timothy Romer, listed at a Watsonville, CA address, is a director and filed an initial beneficial ownership statement dated 09/08/2025. The filing reports 0 shares of common stock beneficially owned directly, and notes a power of attorney exhibit was submitted. The form was signed on behalf of Romer by an attorney-in-fact on 09/19/2025.
Granite Construction Incorporated filed a Form SD disclosing resource extraction payment information under Rule 13q-1 for the fiscal year ended December 31, 2024. The specified payment disclosure is included as Exhibit 99.1 to the report. The filing was signed by Staci M. Woolsey, Executive Vice President and Chief Financial Officer, on September 16, 2025.
Granite Construction Incorporated appointed J. Timothy Romer to its Board of Directors, effective September 8, 2025. Mr. Romer joins the director class whose term expires at the company’s 2028 Annual Meeting of Stockholders and will serve on the Board’s Audit/Compliance Committee and Risk Committee. The Board determined Mr. Romer meets New York Stock Exchange independence standards. As a non-employee director, he will receive the same compensation as other non-employee directors under the company’s established director compensation program, and Granite will execute its standard form of Indemnification Agreement with him (filed as Exhibit 10.1). The filing states there are no related-person arrangements or transactions requiring disclosure.