Construction Partners (NASDAQ: ROAD) SVP adds shares through employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Construction Partners, Inc. Senior VP of Personnel and Administration Robert G. Baugnon acquired additional Class A common stock through an employee purchase program. On July 2, 2026, he purchased 53 shares at $95.97 per share under the Construction Partners, Inc. Employee Stock Purchase Plan.
After this transaction, Baugnon directly holds 24,655 Class A shares. This total includes 4,839 restricted shares with time-based vesting under the 2018 Equity Incentive Plan, scheduled to vest in tranches from September 30, 2026 through September 30, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baugnon Robert G
Role
Senior VP, Personnel and Admin
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 53 | $95.97 | $5K |
Holdings After Transaction:
Class A Common Stock — 24,655 shares (Direct, null)
Footnotes (1)
- The reported transaction represents the purchase of shares of Class A common stock, par value $0.001 ("Class A common stock") of Construction Partners, Inc. (the "Issuer") by the reporting person pursuant to the Construction Partners, Inc. Employee Stock Purchase Plan. Includes 4,839 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 2,149 shares on September 30, 2026, (ii) 1,476 shares on September 30, 2027, (iii) 857 shares on September 30, 2028 and (iv) 357 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.
Key Figures
Shares acquired: 53 shares
Purchase price: $95.97 per share
Total holdings after: 24,655 shares
+5 more
8 metrics
Shares acquired
53 shares
Class A Common Stock purchased on July 2, 2026
Purchase price
$95.97 per share
Price paid under Employee Stock Purchase Plan
Total holdings after
24,655 shares
Class A Common Stock directly owned after transaction
Restricted shares
4,839 shares
Time-based vesting under 2018 Equity Incentive Plan
Vesting 2026
2,149 shares
Restricted shares vesting on September 30, 2026
Vesting 2027
1,476 shares
Restricted shares vesting on September 30, 2027
Vesting 2028
857 shares
Restricted shares vesting on September 30, 2028
Vesting 2029
357 shares
Restricted shares vesting on September 30, 2029
Key Terms
Employee Stock Purchase Plan, restricted shares, time-based vesting, 2018 Equity Incentive Plan, +1 more
5 terms
Employee Stock Purchase Plan financial
"purchase of shares ... pursuant to the Construction Partners, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
time-based vesting financial
"restricted shares of Class A common stock with time-based vesting criteria previously granted"
Time-based vesting is a schedule that gives employees or contractors ownership of granted stock or options gradually as they remain with a company, like unlocking rewards in a loyalty program the longer you stick around. For investors, it matters because it affects future share supply, management incentives and staff retention — all of which can influence company performance and dilution of existing shareholders.
2018 Equity Incentive Plan financial
"previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan"
sole voting power financial
"the reporting person has sole voting power with respect to the reported shares"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
FAQ
What did Construction Partners (ROAD) executive Robert G. Baugnon do in this Form 4?
Robert G. Baugnon acquired more Class A common stock. He purchased 53 shares at $95.97 per share on July 2, 2026 through the Construction Partners, Inc. Employee Stock Purchase Plan, increasing his directly held position in the company.
Was the ROAD Form 4 transaction an open-market trade or part of a plan?
The transaction was made under a company plan, not a discretionary market trade. The footnote states the 53 shares were purchased pursuant to the Construction Partners, Inc. Employee Stock Purchase Plan, indicating participation in an established employee stock program.
What restricted stock awards does Robert G. Baugnon hold in Construction Partners (ROAD)?
Baugnon holds 4,839 restricted Class A shares with time-based vesting. These were granted under the 2018 Equity Incentive Plan and vest in tranches between September 30, 2026 and September 30, 2029, subject to the plan’s vesting conditions.