Bruce Barrett reports Class B ownership at Construction Partners (ROAD)

Rhea-AI Filing Summary

Construction Partners officer Bruce Barrett N. reported initial beneficial ownership of the Issuer's dual-class stock: 38,991 shares of Class B Common Stock held directly and 537 shares held indirectly through the SunTx Capital Savings Plan (a 401(k) account). Each Class B share converts into one share of Class A on a 1:1 basis and carries 10 votes per share; Class A and Class B vote as a single class.

Positive

• Reported beneficial ownership: 38,991 Class B shares held directly and 537 held indirectly via SunTx Capital Savings Plan (401(k))
• Clear disclosure of class rights: Form explains 1:1 conversion of Class B to Class A and that Class B carries 10 votes per share

Negative

• None.

Insights

Securities Analyst

TL;DR: Officer reports 38,991 direct and 537 indirect Class B shares; Class B converts 1:1 and carries 10 votes each.

The Form 3 discloses the reporting person's initial beneficial ownership position in Construction Partners' dual-class structure. The filing shows 38,991 Class B shares held directly and 537 held indirectly via a 401(k) plan. The explanation reiterates that Class B shares convert into Class A shares on a one-for-one basis and have 10 votes per share, with both classes voting together. This is a straightforward ownership disclosure without any transaction details or changes to outstanding capital reported in the form.

Corporate Governance Expert

TL;DR: Disclosure confirms holdings within the company's multi-class voting structure but does not report a material transaction or change.

The filing clarifies the reporter's position within the company's governance framework: the reported Class B shares carry enhanced voting power (10 votes per share) and are convertible to Class A on a 1:1 basis. A portion of the reported position (537 shares) is held indirectly in a defined contribution plan for the benefit of the reporting person. The form is an initial ownership statement and contains no evidence of transfers, sales, or other corporate governance actions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Bruce Barrett N.

(Last) (First) (Middle)

5420 LBJ FREEWAY, SUITE 950

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/06/2025

3. Issuer Name and Ticker or Trading Symbol
Construction Partners, Inc. [ ROAD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Member of 10% owner group

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	(1)	Class A Common Stock	38,991	(1)	D
Class B Common Stock	(1)	(1)	Class A Common Stock	537	(1)	I	By SunTx Capital Savings Plan, FBO Barrett N. Bruce(2)

Explanation of Responses:

1. Each share of Class B Common Stock, par value $0.001 per share ("Class B Common Stock"), of Construction Partners, Inc. (the "Issuer") is convertible into one share of Class A Common Stock, par value $0.001 per share ("Class A Common Stock"), of the Issuer (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B Common Stock, all outstanding shares of Class B Common Stock will be converted into shares of Class A Common Stock. The holders of Class A Common Stock and Class B Common Stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A Common Stock are entitled to one vote per share, and the holders of the Class B Common Stock are entitled to 10 votes per share. The shares of Class B Common Stock do not expire.

2. These securities of the Issuer are directly held by SunTx Capital Savings Plan, FBO Barrett N. Bruce, a 401(k) account for the benefit of Mr. Bruce.

	/s/ Barrett N. Bruce	08/13/2025
	** 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 5 (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.

FAQ

What did Construction Partners (ROAD) Form 3 filed by Bruce Barrett disclose?

The Form 3 discloses that officer Bruce Barrett N. beneficially owns 38,991 Class B shares directly and 537 indirectly via the SunTx Capital Savings Plan (401(k)).

How do Class B shares of Construction Partners convert and vote?

Each Class B share converts into one share of Class A on a 1:1 basis and Class B shares carry 10 votes per share; both classes vote as a single class.

What is the nature of the indirect ownership reported by Bruce Barrett on Form 3?

The indirect ownership of 537 Class B shares is held by the SunTx Capital Savings Plan, FBO Barrett N. Bruce, a 401(k) account for his benefit.

Does the Form 3 report any sale or transfer of securities by Bruce Barrett?

No. The Form 3 is an initial statement of beneficial ownership and does not report any sales, transfers, or transactions in the disclosed securities.

Does the filing indicate any change to the company’s capital structure?

No. The filing describes existing class conversion and voting rights but does not report changes to outstanding shares or the capital structure.