Granite Construction Inc. Appoints New Director George L. Nash Jr.

What Happened

• Granite Construction Incorporated announced on August 5, 2026 that its Board of Directors appointed George L. Nash, Jr. as a director. Mr. Nash joined the class of directors whose terms expire at the Company’s 2028 Annual Meeting of Stockholders.
• The Board named him to the Audit/Compliance Committee and the Risk Committee and determined he meets the New York Stock Exchange’s independence standards. As a non‑employee director, he will receive the same compensation as other non‑employee directors under the Company’s director compensation program (described in the Company’s April 23, 2026 proxy statement). The Company will enter into its standard form of Indemnification Agreement with Mr. Nash.

Key Details

• Appointment date: August 5, 2026.
• Director term: Class expires at the 2028 Annual Meeting of Stockholders.
• Committee assignments: Audit/Compliance Committee and Risk Committee.
• Independence and disclosures: Board found Mr. Nash independent under NYSE rules; no related‑party transactions or special arrangements reported (no Item 404(a) transactions).

Why It Matters

• This is a governance update that affects board composition and oversight: adding an independent director to the audit and risk committees can influence financial reporting oversight and enterprise risk monitoring.
• For investors, the filing signals routine board refreshment and compliance with NYSE independence standards; the company also confirmed standard director compensation and indemnification arrangements.