Construction Partners, Inc. filings document financial results, acquisition disclosures, governance matters and capital actions for a roadway infrastructure contractor operating across Sunbelt markets. Form 8-K reports include furnished earnings releases, Regulation FD acquisition announcements, stock repurchase authorization disclosures and other material corporate updates tied to its Class A common stock.
Proxy and annual meeting filings cover director elections, auditor ratification, executive compensation, equity awards and stockholder voting mechanics, including matters involving Class A and Class B common stock. The filing record also reflects the company’s Nasdaq-listed public-company reporting framework and formal disclosures around board oversight, ownership, capital allocation and recurring operating performance.
Construction Partners, Inc. (ROAD) reported that it has completed the acquisition of Roads, Inc. of NWF, an asphalt manufacturing and construction business headquartered in Cantonment, Florida. The deal adds a hot-mix asphalt plant north of Pensacola, together with related crews and equipment, to the company’s operations.
The acquired business will be integrated into Construction Partners’ Florida platform company, C.W. Roberts Contracting, Incorporated, expanding its footprint in the Florida Panhandle and broader southeastern United States. The company stated that more than 150 employees from Roads, Inc. will join C.W. Roberts, enhancing its workforce and local relationships in this growth region.
Construction Partners, Inc. (ROAD) reported that Judson Ryan Brooks, SVP and General Counsel, made a bona fide gift of 100 shares of Class A common stock on August 28, 2026, leaving 25,475 Class A shares held directly, including 3,632 restricted shares that vest between 2026 and 2029.
Brooks also holds 52,458 shares of Class B common stock, including 40,000 restricted Class B shares vesting on September 30, 2030; each Class B share is convertible into one Class A share and carries 10 votes per share versus one vote for Class A. In addition, he holds 1,388 cash-settled RSUs tied to Class A stock value, vesting from 2026 through 2028.
Construction Partners, Inc. (ROAD) announced the completion of an acquisition of Asphalt Express Enterprises, LLC, a liquid asphalt supply and hauling business based in Ardmore, Oklahoma, serving hot-mix asphalt producers across Oklahoma and northern Texas. The transaction was completed through CPI’s Oklahoma platform company, Overland Corporation.
Overland acquired Asphalt Express’s rail-served industrial site in Ardmore, where liquid asphalt is received and then transported to customers, along with a fleet of trucks and trailers used to haul liquid asphalt. CPI expects this site to become a future liquid asphalt terminal to support its Oklahoma and northern Texas operations. Management emphasized that the deal advances CPI’s strategy of strengthening vertical integration, improving access to a critical raw material, adding transportation capabilities, and supporting the growth of its asphalt operations in the region. The disclosure is furnished under Regulation FD and not deemed filed for liability purposes.
Fleming Ned N. IV reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that Senior VP of Strategy & Business Development Ned N. Fleming IV received a grant of 50,000 restricted shares of Class B common stock on August 6, 2026. These Class B shares vest as a single tranche on September 30, 2030, subject to his continued service, and are convertible into Class A shares on a one-for-one basis with enhanced voting rights.
After this award, he holds 150,869 Class B shares directly and additional Class B interests indirectly through a trust and an LLC. He also holds 43,964 Class A shares directly (including 3,461 time-vested restricted shares), 9,333 Class A shares indirectly via an LLC, and 1,360 cash-settled RSUs tied to Class A stock, each with stated time-based vesting schedules.
Hoffman Gregory A reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that its SVP and Chief Financial Officer, Gregory A. Hoffman, received a grant of 50,000 restricted shares of Class B common stock on August 6, 2026. These Class B shares, each convertible into one Class A share and carrying 10 votes per share, vest as a single tranche on September 30, 2030, subject to his continued service. After this award, he directly holds 70,621 Class B shares and 40,217 Class A shares, including 7,043 time-vested restricted Class A shares scheduled to vest between 2026 and 2029.
Brooks Judson Ryan reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that SVP and General Counsel Brooks Judson Ryan received a grant of 40,000 restricted shares of Class B common stock on August 6, 2026. These shares vest as a single tranche on September 30, 2030, subject to continued service, and are convertible into an equal number of Class A shares; each Class B share carries 10 votes versus one vote for Class A. Following this grant, Ryan directly holds 52,458 Class B shares and 25,575 Class A shares, including 3,632 time-vested restricted Class A shares, plus 1,388 cash-settled RSUs tied to Class A.
Baugnon Robert G reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that Senior VP, Personnel and Admin, Robert G. Baugnon received a grant of 40,000 restricted shares of Class B common stock on August 6, 2026. These shares carry time-based vesting and are scheduled to vest in a single tranche on September 30, 2030, subject to his continued service. Each Class B share is convertible into one share of Class A common stock and carries 10 votes per share. Following this grant, he directly holds 40,000 restricted Class B shares and 24,655 Class A shares, including 4,839 restricted Class A shares that vest between 2026 and 2029.
Smith Fred Julius III reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that President and CEO Fred Julius Smith III received a grant of 50,000 restricted shares of Class B common stock on August 6, 2026. These shares vest as a single tranche on September 30, 2030, subject to continued service, bringing his directly held Class B position to 427,155 shares. He also reports indirect holdings of Class B through two LLCs and both restricted and indirect holdings of Class A common stock.
Construction Partners, Inc. reported that, following the July 22, 2026 death of independent director and Audit Committee member Michael H. McKay, its Audit Committee now has two independent directors and no longer meets Nasdaq Listing Rule 5605(c)(2)(A), which requires three. The company plans to rely on the cure period under Nasdaq Listing Rule 5605(c)(4)(B), generally lasting until the earlier of its next annual stockholders’ meeting or July 22, 2027, while it seeks a new qualified independent director.
The company also issued 619,000 restricted shares of Class B common stock on August 6, 2026 under its 2024 Restricted Stock Plan to certain employees, in an unregistered transaction relying on Section 4(a)(2) of the Securities Act and/or Regulation D. These shares vest in a single tranche on September 30, 2030, subject to continued service. A press release honors Mr. McKay’s long tenure and contributions to the company’s governance and strategy.
Construction Partners, Inc., a Sunbelt-focused roadway and infrastructure contractor, reported strong results for the three and nine months ended June 30, 2026. Revenue rose to $999.4M for the quarter and $2.58B year-to-date, with net income of $59.6M and $85.9M, respectively. Diluted EPS was $1.06 for the quarter and $1.53 year-to-date, and operating cash flow reached $240.9M.
The company completed four asphalt and paving acquisitions totaling $349.2M, adding plants and crews in Texas, Florida and Tennessee; these contributed $249.7M of revenue and $15.2M of net income year-to-date and created $196.5M of goodwill. Long-term debt stands at $1.80B, primarily Term Loan A and Term Loan B borrowings, with a consolidated net leverage ratio of 3.17x versus a maximum covenant of 4.75x. Unsatisfied performance obligations total about $2.7B, with roughly $0.9B expected to convert to revenue during the remainder of fiscal 2026 and $1.8B thereafter.