Schedule 13G/A: Geneva Capital Owns 2.00M Shares of ROAD (4.2%)

Rhea-AI Filing Summary

Geneva Capital Management LLC reported beneficial ownership of 2,001,846 shares of Construction Partners, Inc. Class A common stock, representing 4.2% of the class. Geneva discloses shared voting power for 1,930,124 shares and shared dispositive power for all 2,001,846 shares, with no sole voting or dispositive power. The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. Geneva is organized in Delaware and lists its principal office in Milwaukee, WI.

Positive

• Clear disclosure of total beneficial ownership (2,001,846 shares) and percentage (4.2%)
• Below 5% threshold, avoiding more burdensome Schedule 13D reporting requirements
• Certification that shares are held in the ordinary course of business and not to influence control

Negative

• No sole voting or dispositive power, limiting Geneva's ability to unilaterally influence corporate actions
• Shared voting power indicates decisions may be subject to other parties or clients, reducing transparency on ultimate voting intentions

Insights

Securities Analyst

TL;DR: Ownership disclosure shows a sub-5% stake with shared voting and dispositive authority, indicating an institutional investment without control intent.

Geneva Capital Management reports 2,001,846 shares (4.2%), below the 5% threshold that would trigger additional Schedule 13D reporting obligations. The distinction between shared and sole power is material: Geneva has no sole voting or dispositive power, which suggests investment management arrangements or pooled client holdings rather than unilateral control. Certification affirms the position is held in the ordinary course of business and not to influence issuer control.

Corporate Governance Expert

TL;DR: Filing is routine and non-activist; disclosure clarifies voting and disposition are shared, limiting governance implications.

The Schedule 13G/A clarifies that Geneva acts as an investment adviser-type filer (Type: IA) and that no single client holds >5% of the shares. That reduces the likelihood of near-term governance actions attributable to Geneva. Shared voting power of 1,930,124 shares is the most relevant governance metric disclosed, but the filing explicitly denies an intent to change control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 4)

Construction Partners, Inc.

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

21044C107

(CUSIP Number)

08/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 21044C107

1

Names of Reporting Persons

GENEVA CAPITAL MANAGEMENT LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,930,124.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,001,846.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,001,846.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Construction Partners, Inc.
(b)	Address of issuer's principal executive offices: 290 HEALTHWEST DR., SUITE 2, DOTHAN, ALABAMA, 36303.
Item 2.
(a)	Name of person filing: Geneva Capital Management LLC
(b)	Address or principal business office or, if none, residence: 411 E Wisconsin Ave., Suite 2320 Milwaukee, WI 53202
(c)	Citizenship: Delaware
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP No.: 21044C107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,001,846
(b)	Percent of class: 4.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,930,124
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 2,001,846
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain institutional and individual clients of Geneva ultimately own all of the Shares included on this Schedule and have the right to receive, or the power to direct the receipt of, dividends and proceeds from the sale of such Shares. No one client has granted Geneva investment discretion or voting authority over 5% or more of the Shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

GENEVA CAPITAL MANAGEMENT LLC

Signature:	/s/ Stephen J. Shenkenberg
Name/Title:	Stephen J. Shenkenberg, Principal, General Counsel and Chief Compliance Officer
Date:	09/08/2025

FAQ

How many shares of ROAD does Geneva Capital Management own?

Geneva reports beneficial ownership of 2,001,846 shares, representing 4.2% of Class A common stock.

Does Geneva have voting control over the ROAD shares?

Geneva discloses 0 shares with sole voting power and 1,930,124 shares with shared voting power.

Is this filing a Schedule 13G or 13D for ROAD?

This filing is a Schedule 13G/A, indicating a passive or qualifying institutional investor disclosure rather than an activist Schedule 13D.

Does Geneva intend to influence control of Construction Partners (ROAD)?

The filing certifies the shares were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Where is Geneva Capital Management organized and located?

Geneva is organized in Delaware with a principal office at 411 E Wisconsin Ave., Suite 2320, Milwaukee, WI.