ROAD insider grant: 1,912 RS, 4,689 PSU shares; 43,744 held

Rhea-AI Filing Summary

Construction Partners, Inc. (ROAD) reported insider equity awards by its Senior VP, Finance. On 11/04/2025, the officer received 1,912 restricted Class A shares (time‑based vesting) and 4,689 Class A shares issued upon settlement of previously granted PSUs, both at $0 per share.

The time‑based award vests in four equal installments on September 30, 2026, 2027, 2028, and 2029. Following the transactions, the officer directly held 43,744 Class A shares. The officer also reports 20,621 Class B shares, each convertible into one Class A share; Class B carries ten votes per share and does not expire.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Hoffman Gregory A

Role Senior VP, Finance

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	1,912	$0.00	--
Grant/Award	Class A Common Stock	4,689	$0.00	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 39,055 shares (Direct); Class B Common Stock — 20,621 shares (Direct)

Footnotes (1)

1. The reported transaction represents a grant of restricted shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2026, 2027, 2028 and 2029. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares. Includes 7,043 restricted shares of Class A common stock with time-based vesting criteria previously granted under the 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. The reported transaction represents the issuance of shares of Class A common stock in settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person under the Plan. The PSUs vested in a single lump-sum based on the satisfaction by the Issuer of certain performance criteria for the three-year period comprising the fiscal years ended September 30, 2023, 2024 and 2025. Each share of Class B common stock, par value $0.001, 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)
	Senior VP, Finance

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2025

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	11/04/2025		A		1,912(1)	A	$0	39,055(2)	D
Class A Common Stock	11/04/2025		A		4,689(3)	A	$0	43,744(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	(4)							(4)	(4)	Class A Common Stock	20,621		20,621	D

Explanation of Responses:

1. The reported transaction represents a grant of restricted shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2026, 2027, 2028 and 2029. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares.

2. Includes 7,043 restricted shares of Class A common stock with time-based vesting criteria previously granted under the 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. The reported transaction represents the issuance of shares of Class A common stock in settlement of performance-based restricted stock units ("PSUs") previously granted to the reporting person under the Plan. The PSUs vested in a single lump-sum based on the satisfaction by the Issuer of certain performance criteria for the three-year period comprising the fiscal years ended September 30, 2023, 2024 and 2025.

4. Each share of Class B common stock, par value $0.001, 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	11/06/2025
	** 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 did Construction Partners (ROAD) disclose in this Form 4?

An officer received 1,912 restricted Class A shares and 4,689 Class A shares upon PSU settlement on 11/04/2025.

How do the new restricted shares vest for ROAD?

The 1,912 restricted Class A shares vest in one‑fourth installments on Sept 30, 2026, 2027, 2028, and 2029.

How many ROAD shares does the officer hold after these transactions?

Directly held Class A shares total 43,744 after the reported awards.

What are the terms of the PSU settlement for ROAD?

The 4,689 Class A shares were issued at $0 upon vesting based on performance over fiscal years ended Sept 30, 2023, 2024, and 2025.

What Class B holdings were reported for ROAD?

The officer reports 20,621 Class B shares, convertible 1:1 into Class A; Class B has 10 votes per share and does not expire.

Does the officer have voting power over the restricted shares?

Yes. The award agreements state the officer has sole voting power over the restricted shares.