Construction Partners (NASDAQ: ROAD) awards 40,000 Class B restricted shares to SVP and General Counsel
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Brooks Judson Ryan
Role
SVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock F2, F3, F4 | 40,000 | $0.00 | $0.00 |
| holding | Restricted Stock Units F5, F6 | -- | -- | -- |
| holding | Class A Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 52,458 shares (Direct);
Restricted Stock Units — 1,388 shares (Direct);
Class A Common Stock — 25,575 shares (Direct)
Footnotes (6)
- F1. Includes 3,632 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan") that vest as follows, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date: (i) 1,742 shares on September 30, 2026, (ii) 926 shares on September 30, 2027, (iii) 607 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.
- F2. Each share of Class B common stock, par value $0.001 per share, 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.
- F3. The reported transaction represents a grant of restricted shares of Class B common stock with time-based vesting criteria under the Construction Partners, Inc. 2024 Restricted Stock Plan (the "Restricted Stock Plan"). The shares of Class B common stock subject to the reported award vest as a single tranche on September 30, 2030, subject to the reporting person's continued service with the Issuer through such date.
- F4. Includes 40,000 restricted shares of Class B common stock with time-based vesting criteria granted under the Restricted Stock Plan that vest as a single tranche on September 30, 2030, subject to the reporting person's continued service with the Issuer through such date.
- F5. Each restricted stock unit ("RSU") represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date. The RSUs do not expire.
- F6. Includes 1,388 cash-settled RSUs with time-based vesting criteria previously granted under the Incentive Plan that vest as follows, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date: (i) 569 RSUs on September 30, 2026, (ii) 569 RSUs on September 30, 2027, and (iii) 250 RSUs on September 30, 2028.
Key Figures
Class B grant: 40,000 shares
Class B holdings post-grant: 52,458 shares
Class A holdings: 25,575 shares
+3 more
6 metrics
Class B grant
40,000 shares
Restricted Class B common stock granted on August 6, 2026, vesting September 30, 2030
Class B holdings post-grant
52,458 shares
Direct Class B common stock held by Brooks Judson Ryan after the reported grant
Class A holdings
25,575 shares
Direct Class A common stock held, including restricted shares with time-based vesting
Restricted Class A shares
3,632 shares
Time-based restricted Class A stock vesting from 2026 through 2029
Cash-settled RSUs
1,388 units
RSUs tied to Class A value, vesting between 2026 and 2028
Class B voting power
10 votes per share
Voting rights of Class B common stock versus one vote per Class A share
Key Terms
Class B common stock, Restricted Stock Units, time-based vesting criteria, cash-settled RSUs, +1 more
5 terms
Class B common stock financial
"Each share of Class B common stock, par value $0.001 per share, of the Issuer"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive cash"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based vesting criteria financial
"restricted shares of Class A common stock...with time-based vesting criteria previously granted"
cash-settled RSUs financial
"Includes 1,388 cash-settled RSUs with time-based vesting criteria previously granted"
Equity Incentive Plan financial
"previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity grant did Construction Partners (ROAD) report for Brooks Judson Ryan?
Construction Partners reported that SVP and General Counsel Brooks Judson Ryan received 40,000 restricted shares of Class B common stock on August 6, 2026. The award vests in a single tranche on September 30, 2030, contingent on his continued service with the company.
What are Brooks Judson Ryan’s total Class B and Class A holdings at Construction Partners (ROAD)?
After the reported grant, Brooks Judson Ryan directly holds 52,458 shares of Class B common stock and 25,575 shares of Class A common stock. The Class A position includes 3,632 restricted shares with time-based vesting through 2029.
What restricted stock and RSU vesting schedules affect Brooks Judson Ryan at Construction Partners (ROAD)?
Time-vested restricted Class A shares of 3,632 vest between September 30, 2026 and September 30, 2029. Cash-settled RSUs totaling 1,388 vest on September 30, 2026, 2027, and 2028, all subject to his continued service.
How are Brooks Judson Ryan’s RSUs at Construction Partners (ROAD) settled?
Each RSU represents a right to receive cash equal to the value of one Class A share on vesting. The 1,388 cash-settled RSUs vest in tranches over 2026–2028, rather than delivering actual shares upon settlement.