Every Form 4 that Construction Partners, Inc. (ROAD) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow ROAD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ROAD filings page.
Construction Partners, Inc. (ROAD) reported that Judson Ryan Brooks, SVP and General Counsel, made a bona fide gift of 100 shares of Class A common stock on August 28, 2026, leaving 25,475 Class A shares held directly, including 3,632 restricted shares that vest between 2026 and 2029.
Brooks also holds 52,458 shares of Class B common stock, including 40,000 restricted Class B shares vesting on September 30, 2030; each Class B share is convertible into one Class A share and carries 10 votes per share versus one vote for Class A. In addition, he holds 1,388 cash-settled RSUs tied to Class A stock value, vesting from 2026 through 2028.
Fleming Ned N. IV reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that Senior VP of Strategy & Business Development Ned N. Fleming IV received a grant of 50,000 restricted shares of Class B common stock on August 6, 2026. These Class B shares vest as a single tranche on September 30, 2030, subject to his continued service, and are convertible into Class A shares on a one-for-one basis with enhanced voting rights.
After this award, he holds 150,869 Class B shares directly and additional Class B interests indirectly through a trust and an LLC. He also holds 43,964 Class A shares directly (including 3,461 time-vested restricted shares), 9,333 Class A shares indirectly via an LLC, and 1,360 cash-settled RSUs tied to Class A stock, each with stated time-based vesting schedules.
Hoffman Gregory A reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that its SVP and Chief Financial Officer, Gregory A. Hoffman, received a grant of 50,000 restricted shares of Class B common stock on August 6, 2026. These Class B shares, each convertible into one Class A share and carrying 10 votes per share, vest as a single tranche on September 30, 2030, subject to his continued service. After this award, he directly holds 70,621 Class B shares and 40,217 Class A shares, including 7,043 time-vested restricted Class A shares scheduled to vest between 2026 and 2029.
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.
Baugnon Robert G reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that Senior VP, Personnel and Admin, Robert G. Baugnon received a grant of 40,000 restricted shares of Class B common stock on August 6, 2026. These shares carry time-based vesting and are scheduled to vest in a single tranche on September 30, 2030, subject to his continued service. Each Class B share is convertible into one share of Class A common stock and carries 10 votes per share. Following this grant, he directly holds 40,000 restricted Class B shares and 24,655 Class A shares, including 4,839 restricted Class A shares that vest between 2026 and 2029.
Smith Fred Julius III reported acquisition or exercise transactions in this Form 4 filing.
Construction Partners, Inc. reported that President and CEO Fred Julius Smith III received a grant of 50,000 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, bringing his directly held Class B position to 427,155 shares. He also reports indirect holdings of Class B through two LLCs and both restricted and indirect holdings of Class A common stock.
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.
Construction Partners, Inc. Senior VP of Personnel and Administration Robert G. Baugnon acquired 55 shares of Class A common stock on April 2, 2026 at $92.27 per share through the company’s Employee Stock Purchase Plan. After this transaction, he directly holds 24,602 shares.
This total includes 4,839 restricted shares with time-based vesting: 2,149 shares on September 30, 2026, 1,476 shares on September 30, 2027, 857 shares on September 30, 2028 and 357 shares on September 30, 2029, over which he has sole voting power.
Construction Partners, Inc. senior vice president and general counsel Judson Ryan Brooks reported a charitable donation of 2,000 shares of Class A common stock on 12/12/2025. The shares were transferred at a reported price of $0, leaving him with 25,575 Class A shares beneficially owned.
His holdings include 3,632 restricted Class A shares that vest in stages on September 30, 2026, September 30, 2027, September 30, 2028, and September 30, 2029. He also reports 12,458 shares of Class B common stock that are convertible into Class A on a one-for-one basis, and 1,388 cash-settled restricted stock units tied to the value of Class A stock, vesting between September 30, 2026 and September 30, 2028.
Construction Partners, Inc. director Michael H. McKay reported a charitable donation of 1,000 shares of Class A common stock on 12/16/2025 at a price of $0. After the gift, a trust for which he serves as sole trustee holds 22,192 Class A shares indirectly.
The filing also lists his Class B common stock positions, which are convertible into Class A on a one-for-one basis. He holds 73,197 Class B shares indirectly through the trust and 8,000 restricted Class B shares directly, with 5,333 scheduled to vest on January 1, 2027 and 2,667 on January 1, 2028. Class B shares carry 10 votes per share compared with one vote per share for Class A, and both classes vote together.
Construction Partners, Inc. director and 10% owner Ned N. Fleming III reported an insider transaction involving the company’s dual-class stock. On December 9, 2025, a trust he controls, the Ned N. Fleming III Legacy Trust, acquired 2,000 shares of Class B common stock, which is convertible into the same number of Class A shares, at $115 per share.
The disclosure also outlines Mr. Fleming’s indirect beneficial ownership of multiple blocks of Class B stock, each convertible into one share of Class A common stock, held through various entities and family trusts. One award includes 24,000 restricted shares of Class B common stock that vest in two tranches on January 1, 2027 and January 1, 2028, for which he has sole voting power. In several cases he states he may be deemed to beneficially own these securities and disclaims ownership beyond his pecuniary interest.
Construction Partners, Inc. (ROAD) President and CEO, who also serves as a director, reported several share movements involving Class A and Class B common stock. On 11/24/2025, he entered a privately negotiated exchange of 33,658 shares of Class A common stock for an equal number of Class B shares with another Class B holder, with no sale price and no profit realized, and he agreed to voluntarily disgorge to the company any profits from matchable transactions within six months of these trades.
On 11/25/2025, he voluntarily converted 30,000 shares of Class B common stock into 30,000 shares of Class A on a one-for-one basis, as permitted by the company’s charter, and donated 30,000 Class A shares to a charitable donor-advised fund. Following these transactions, he directly holds 13,553 Class A shares, all of which are restricted, and indirectly holds additional Class A interests through Tar Frog Investment Management LLC, which he co-manages. Each Class B share is convertible into one Class A share and carries ten votes per share versus one vote for Class A.
Construction Partners, Inc. (ROAD) reported an insider transaction by its SVP and General Counsel, who filed a Form 4 for activity on 11/19/2025. The executive surrendered 2,908 shares of Class A common stock at $112.02 per share to the company to cover tax withholding tied to the vesting of previously granted performance-based restricted stock units under the 2018 Equity Incentive Plan.
After this tax-related share surrender, the reporting person beneficially owned 27,575 shares of Class A common stock, including 3,632 restricted shares that vest in tranches from September 30, 2026 through September 30, 2029. The filing also notes 12,458 shares of Class B common stock, which are convertible into an equal number of Class A shares and carry 10 votes per share, and 1,388 cash-settled restricted stock units that vest between 2026 and 2028.
Construction Partners, Inc. (ROAD) insider activity centered on tax withholding. Reporting person Ned N. Fleming, IV surrendered 2,129 shares of Class A common stock on November 19, 2025, coded as an "F" transaction, to the company to cover tax obligations from previously awarded performance-based restricted stock units. The number of shares was calculated using a value of $112.02 per share, the closing price of Class A stock on November 4, 2025, the vesting date.
After this transaction, Fleming directly beneficially owned 43,964 shares of Class A common stock and indirectly held 9,333 shares through Tar Frog Investment Management LLC. He also has significant holdings of Class B common stock that are convertible into Class A shares on specified terms, as well as 1,360 cash-settled restricted stock units that vest over time.
Construction Partners, Inc. (ROAD) reported that its President, CEO and director surrendered 12,785 shares of Class A common stock on 11/19/2025 to the company to cover tax withholding tied to the vesting of previously granted performance-based restricted stock units. The share value for this tax withholding was set at $112.02 per share, based on the Class A closing price on November 4, 2025, the vesting date.
After this transaction, the insider beneficially owns 47,211 shares of Class A common stock directly, including 13,553 restricted shares that vest in tranches from September 30, 2026 through September 30, 2029, and 9,333 shares held indirectly through Tar Frog Investment Management LLC. The insider also reports 433,497 shares of Class B common stock held directly and 140,572 Class B shares held indirectly through Tar Frog, each Class B share being convertible into one Class A share and carrying 10 votes per share.
Construction Partners, Inc. (ROAD) reported that Senior VP, Personnel and Administration, Robert G. Baugnon surrendered 2,251 shares of Class A common stock to the company to cover tax withholding due on the vesting of previously granted performance-based restricted stock units under the 2018 Equity Incentive Plan. The shares were valued at $112.02 per share, based on the Class A common stock closing price on November 4, 2025, the vesting date.
After this tax-related share surrender, Baugnon beneficially owns 24,547 shares of Class A common stock, including 4,839 restricted shares that vest in stages: 2,149 shares on September 30, 2026, 1,476 shares on September 30, 2027, 857 shares on September 30, 2028, and 357 shares on September 30, 2029. He retains sole voting power over the reported shares.
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.
Construction Partners (ROAD): Ned N. Fleming, IV reported equity changes on 11/04/2025. He received 1,428 shares of Class A common stock at $0 as a time‑based restricted stock grant under the 2018 Equity Incentive Plan, vesting in one‑fourth installments on September 30, 2026, 2027, 2028, and 2029.
He also received 3,137 Class A shares issued upon settlement of performance‑based restricted stock units for the three fiscal years ended September 30, 2025. Following these transactions, beneficial ownership of Class A common stock was 46,093 shares direct and 9,333 shares indirect via Tar Frog Investment Management LLC.
Derivative holdings include Class B common stock convertible 1:1 into Class A: 100,869 shares direct, 241,008 shares indirect via the Ned N. Fleming, IV 2013 Trust, and 140,572 shares indirect via Tar Frog. Cash‑settled RSUs outstanding total 1,360 with time‑based vesting through 2028.
Construction Partners (ROAD) reported insider equity changes for President and CEO, Director Fred J. Smith, III. On 11/04/2025, he received 3,816 restricted Class A shares at $0, vesting in four equal installments on September 30, 2026, 2027, 2028, and 2029. He also received 15,905 Class A shares issued upon settlement of previously granted PSUs tied to performance over the fiscal years ended September 30, 2023, 2024, and 2025.
Following these transactions, he beneficially owns 59,996 Class A shares directly and 9,333 Class A shares indirectly via Tar Frog Investment Management LLC. He also holds 433,497 Class B shares directly and 140,572 Class B shares indirectly, each convertible into one Class A share. Class A carries one vote per share; Class B carries ten votes per share.
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.
Construction Partners, Inc. (ROAD): Form 4 insider equity transactions. A Senior VP reported two acquisitions of Class A common stock on 11/04/2025 at $0 per share: 1,428 restricted shares granted under the 2018 Equity Incentive Plan and 3,137 shares issued upon settlement of previously granted performance-based RSUs.
The newly granted restricted shares vest in one-fourth installments on September 30, 2026, 2027, 2028, and 2029. Following these transactions, the insider reported 26,798 shares beneficially owned, held directly. The report notes the insider has sole voting power over the restricted shares, consistent with the award terms.
Context: Beneficial ownership includes 4,839 previously granted restricted shares with scheduled vesting of 2,149 on 09/30/2026, 1,476 on 09/30/2027, 857 on 09/30/2028, and 357 on 09/30/2029.
Construction Partners, Inc. (ROAD) director and 10% owner Ned N. Fleming, III reported insider activity on 10/17/2025. He received a grant of 4,500 restricted shares of Class B common stock under the 2024 Restricted Stock Plan, and the award vested on the grant date.
Following the transaction, Mr. Fleming reported 100,015 derivative securities beneficially owned. Each share of Class B common stock converts 1-for-1 into Class A common stock per the company’s charter. He also reported 24,168 shares of Class A common stock owned directly, alongside various indirect holdings through affiliated entities.
Construction Partners, Inc. (ROAD): An officer (Senior Vice President, Legal) reported equity awards and tax-withholding share surrenders. On 10/17/2025, the filer received 1,970 shares of Class A common stock under the 2018 Equity Incentive Plan and 5,418 shares of Class B common stock under the 2024 Restricted Stock Plan, both at $0 per share and immediately vested. On 10/20/2025, the filer surrendered 1,970 Class A shares and 1,307 Class B shares to the issuer to satisfy taxes, using a value of $115.01 per share based on the 10/17/2025 Class A closing price.
Following these transactions, beneficial holdings were 25,254 Class A shares, 12,458 Class B shares, and 1,388 cash‑settled RSUs with time-based vesting through September 30, 2028. Each Class B share is convertible into one Class A share and carries 10 votes per share.
Construction Partners (ROAD) Senior VP, Finance reported equity awards and related tax-withholding share surrenders.
On 10/17/2025, the officer received 4,925 Class A common shares at $0 and 12,134 Class B common shares at $0, each described as immediately vested. On 10/20/2025, the officer surrendered 4,925 Class A shares and 2,513 Class B shares to cover taxes using a value of $115.01 per share.
Following these transactions, beneficial ownership shows 37,143 Class A shares and 20,621 Class B derivative securities. Holdings include 5,131 restricted Class A shares vesting 2,672 on September 30, 2026; 1,792 on September 30, 2027; and 667 on September 30, 2028.
Construction Partners (ROAD) President and CEO, also a director, reported equity transactions on Form 4. On 10/17/2025, he received a grant of 4,925 Class A shares at $0 under the 2018 Equity Incentive Plan and 12,134 Class B shares under the 2024 Restricted Stock Plan, both immediately vested. On 10/20/2025, he surrendered 4,925 Class A shares at $115.01 and 3,025 Class B shares at $115.01 to satisfy tax withholding obligations tied to those vestings.
Following these transactions, he reported 40,275 Class A shares held directly and 9,333 Class A shares held indirectly via an LLC. He also reported 433,497 Class B shares held directly and 140,572 Class B shares held indirectly. Each Class B share is convertible into one Class A share and carries ten votes per share.
Construction Partners, Inc. (ROAD): Form 4 by Ned N. Fleming, IV. On 10/17/2025, the reporting person received 4,925 immediately vested shares of Class A common stock at $0 under the 2018 Equity Incentive Plan and 12,134 immediately vested Class B common shares under the 2024 Restricted Stock Plan (each Class B share is convertible into one Class A share).
On 10/20/2025, he surrendered 4,154 Class A shares at $115.01 to satisfy tax withholding upon vesting. Following these transactions, he directly holds 41,528 Class A shares, plus 9,333 Class A indirectly via Tar Frog Investment Management LLC. He also reports 100,869 Class B directly, 241,008 Class B via the Ned N. Fleming, IV 2013 Trust, 140,572 Class B via Tar Frog, and 1,360 cash-settled RSUs outstanding.
Construction Partners (ROAD) reported a Form 4 for its Senior VP, Personnel and Admin. On 10/17/2025, the officer received 2,463 immediately vested Class A shares at $0 under the 2018 Equity Incentive Plan. On 10/20/2025, the officer surrendered 1,025 shares at $115.01 to cover tax withholding upon vesting.
After these transactions, the officer beneficially owns 22,233 Class A shares. This includes 3,411 restricted shares scheduled to vest: 1,792 on September 30, 2026; 1,119 on September 30, 2027; and 500 on September 30, 2028.