Granite Construction Director Carlos M. Hernandez Buys 400 Shares

What Happened

• Carlos M. Hernandez, a director of Granite Construction Inc. (GVA), made an open-market purchase of 400 shares on 2026-08-06 at $123.99 per share, for a total transaction value of $49,596. This was a direct purchase (transaction code P), which is generally interpreted as an acquisition rather than a disposition.

Key Details

• Transaction date and price: 2026-08-06 — 400 shares at $123.99 each.
• Total value: $49,596.
• Shares owned after transaction: not disclosed in the filing.
• Footnote F1: The filing notes the total was adjusted to include 1 dividend equivalent unit (DEU) credited 07/15/2026 under Granite’s dividend reinvestment feature since the reporting person’s last report.
• Filing timeliness: Reported with a Form 4 dated 2026-08-06 (no late filing indicated).

Context

• This was an outright open-market purchase (not an option exercise, gift, or award). Purchases can be viewed as a positive signal because insiders are acquiring stock, but filings do not state the insider’s motivation.