Welcome to our dedicated page for Constr Partners SEC filings (Ticker: ROAD), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Construction Partners, Inc. (NASDAQ: ROAD) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a Nasdaq Global Select Market registrant. Construction Partners, Inc. is a vertically integrated civil infrastructure company that focuses on road and surface infrastructure projects in Sunbelt markets, and its filings offer detailed insight into how it reports financial performance, capital structure and material events.
Through its current reports on Form 8-K, the company furnishes press releases announcing quarterly and annual financial results, preliminary financial information for completed fiscal years, and outlook ranges for upcoming fiscal periods. These filings often include discussions of non-GAAP measures such as Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted Net Income, along with reconciliations to GAAP measures. Other 8-K filings describe acquisition transactions, analyst presentations, and changes to equity incentive arrangements, such as amendments to performance stock unit award agreements.
Construction Partners, Inc. also uses SEC filings to disclose changes to its credit facilities. For example, a Form 8-K details a Fifth Amendment to its Third Amended and Restated Credit Agreement, increasing its term loan and revolving credit facilities, extending maturity dates and revising financial covenants related to consolidated interest coverage and net leverage ratios.
On Stock Titan, ROAD filings are updated in real time from EDGAR and paired with AI-powered summaries that explain the key points of complex documents. Users can quickly understand the implications of 10-K annual reports, 10-Q quarterly reports, 8-K current reports and other filings without reading every page. The platform also makes it easier to review information about debt agreements, equity incentive plans and other disclosures that shape Construction Partners, Inc.’s financial and operational profile.
Construction Partners, Inc. provides a detailed annual overview of its highway and road construction business across eight Sunbelt states, highlighting a mix of public and private projects and vertically integrated asphalt operations. The company outlines its new ROAD 2030 plan, which targets revenues exceeding $6 billion by fiscal 2030 and emphasizes strategic growth initiatives. During fiscal 2025 it completed five acquisitions with aggregate consideration of about $1.5 billion, expanding into Texas and Oklahoma and adding 27 hot mix asphalt plants, aggregate sites and terminals. It also strengthened its capital structure with an $850 million Term Loan B and amendments that increased its revolving credit facility to $500 million and its Term Loan A to $600 million, all maturing in 2030. Contract backlog reached $3.0 billion at September 30, 2025, up from $2.0 billion a year earlier, with roughly 78% expected to convert within 12 months. The report also describes significant October 2025 acquisitions totaling about $262.1 million, a diversified public‑sector revenue base, and extensive risk factors ranging from government funding and inflation to labor, environmental and cybersecurity exposures.
Construction Partners, Inc. (ROAD) is calling its 2026 Annual Meeting of Stockholders for March 24, 2026 in Dothan, Alabama. Stockholders will vote on electing two Class II directors for three-year terms and ratifying the appointment of US LLP as independent registered public accountant for the fiscal year ending September 30, 2026.
The company has a dual-class share structure: each Class A share carries one vote and each Class B share carries ten votes. As of the January 23, 2026 record date, there were 47,956,258 Class A shares and 8,549,118 Class B shares outstanding. Class B holders controlled 64.1% of total voting power, and the SunTx Group beneficially held 61.4% of total voting power, giving it effective control over director elections and other proposals.
The eight-member Board is staggered into three classes and uses standing Audit, Compensation, and Nominating and Corporate Governance Committees. Because SunTx holds a majority of voting power, the company is treated as a “controlled company” under Nasdaq rules and is exempt from certain independence requirements, though its Audit Committee is fully independent.
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) filed its annual report describing a year of aggressive growth in the Sunbelt road construction market. The company specializes in asphalt-based roadway construction and maintenance across eight states, supplying hot mix asphalt, aggregates and related services for public and private projects.
In fiscal 2025, it executed a major acquisition program, completing five deals across four states with aggregate consideration of approximately $1.5 billion, adding 27 HMA plants, four aggregate facilities, terminals and a large equipment fleet. Subsequent to year-end, it closed additional Houston- and Florida-focused acquisitions totaling about $262.1 million. Contract backlog rose to $3.0 billion at September 30, 2025, up from $2.0 billion a year earlier, with about 78% expected to convert within 12 months.
The company also restructured its capital base, drawing an $850.0 million Term Loan B in November 2024 and expanding its Term Loan A and revolving credit facility to $600.0 million and $500.0 million, respectively, both maturing in 2030. Public customers accounted for roughly 65% of fiscal 2025 revenues and projects for all state DOTs represented 43.4%. Management introduced its ROAD 2030 plan, which contemplates revenues exceeding $6 billion by fiscal 2030.
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.