[Form 4] Construction Partners, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Construction Partners, Inc. (ROAD) reported an insider equity transaction by its SVP and Chief Financial Officer, Gregory A. Hoffman. On 11/19/2025, he surrendered 3,527 shares of Class A common stock at a value of $112.02 per share to the company to cover tax withholding due on the vesting of performance-based restricted stock units granted under the 2018 Equity Incentive Plan, which vested on November 4, 2025.

After this tax-related surrender, he beneficially owns 40,217 shares of Class A common stock, including 7,043 restricted shares scheduled to vest in tranches on September 30 of 2026, 2027, 2028, and 2029. He also holds 20,621 shares of Class B common stock, each convertible into one Class A share and carrying 10 votes per share compared with one vote per Class A share.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Hoffman Gregory A

Role SVP, Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	3,527	$112.02	$395K
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 40,217 shares (Direct); Class B Common Stock — 20,621 shares (Direct)

Footnotes (1)

1. The reported transaction represents the surrender by the reporting person of shares of Class A common stock, $0.001 par value ("Class A common stock"), to Construction Partners, Inc. (the "Issuer") to satisfy tax withholding obligations upon the vesting and issuance of Class A common stock pursuant to performance-based restricted stock units previously awarded to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan"). Pursuant to the terms of the Incentive Plan and the applicable award agreements, the number of shares surrendered was determined using a value of $112.02 per share, the closing price for a share of Class A common stock on November 4, 2025, the vesting date. Includes 7,043 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Incentive Plan that vest as follows: (i) 3,150 shares on September 30, 2026, (ii) 2,270 shares on September 30, 2027, (iii) 1,145 shares on September 30, 2028, and (iv) 478 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares. Each share of Class B common stock, $0.001 par value, of the Issuer ("Class B common stock") is convertible into one share of Class A common stock (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.

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^*

Hoffman Gregory A

(Last) (First) (Middle)

290 HEALTHWEST DRIVE

SUITE 2

(Street)

DOTHAN AL 36303

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

4. 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 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
Class A Common Stock	11/19/2025		F		3,527(1)	D	$112.02	40,217(2)	D

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
Class B Common Stock	(3)							(3)	(3)	Class A Common Stock	20,621		20,621	D

Explanation of Responses:

1. The reported transaction represents the surrender by the reporting person of shares of Class A common stock, $0.001 par value ("Class A common stock"), to Construction Partners, Inc. (the "Issuer") to satisfy tax withholding obligations upon the vesting and issuance of Class A common stock pursuant to performance-based restricted stock units previously awarded to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan"). Pursuant to the terms of the Incentive Plan and the applicable award agreements, the number of shares surrendered was determined using a value of $112.02 per share, the closing price for a share of Class A common stock on November 4, 2025, the vesting date.

2. Includes 7,043 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Incentive Plan that vest as follows: (i) 3,150 shares on September 30, 2026, (ii) 2,270 shares on September 30, 2027, (iii) 1,145 shares on September 30, 2028, and (iv) 478 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

3. Each share of Class B common stock, $0.001 par value, of the Issuer ("Class B common stock") is convertible into one share of Class A common stock (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.

Remarks:

	/s/ Gregory A. Hoffman	11/20/2025
	** 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 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.

FAQ

What insider transaction did Construction Partners (ROAD) disclose in this Form 4?

The SVP and Chief Financial Officer, Gregory A. Hoffman, reported surrendering 3,527 shares of Class A common stock on 11/19/2025 to Construction Partners, Inc. to satisfy tax withholding obligations tied to vesting performance-based restricted stock units under the 2018 Equity Incentive Plan.

At what value were the surrendered ROAD shares treated for tax withholding?

The 3,527 surrendered shares of Construction Partners Class A common stock were valued at $112.02 per share, which was the closing price on November 4, 2025, the vesting date of the performance-based restricted stock units.

How many Construction Partners (ROAD) Class A shares does the CFO own after this transaction?

Following the reported transaction, Gregory A. Hoffman beneficially owns 40,217 shares of Class A common stock, which includes 7,043 restricted shares that vest over time under the 2018 Equity Incentive Plan.

What is the vesting schedule for the CFO’s restricted ROAD Class A shares?

The 7,043 restricted Class A shares vest in four tranches: 3,150 shares on September 30, 2026, 2,270 shares on September 30, 2027, 1,145 shares on September 30, 2028, and 478 shares on September 30, 2029.

What Class B share holdings and voting rights does the ROAD insider have?

Gregory A. Hoffman holds 20,621 shares of Class B common stock. Each Class B share is convertible into one Class A share and carries 10 votes per share, while Class A shares carry one vote per share. The Class B shares do not expire.

Is the Class B common stock of Construction Partners (ROAD) freely convertible into Class A?

Each share of Class B common stock is convertible into one share of Class A common stock at any time at the holder’s option or upon most transfers, and all Class B shares can be converted if holders of a majority of the outstanding Class B shares so elect.