CALDERA LOUIS E 4

What Happened

• Louis E. Caldera, a director of Granite Construction, was granted 1,036 restricted stock units (RSUs) on 2026-06-08. The units were awarded at $0.00 per share (typical for RSU grants), so no cash was paid. The RSUs were granted under the Granite Construction Incorporated 2024 Equity Incentive Plan and vest on May 20, 2027.
• The reported grant amount was adjusted to include dividend equivalents credited since the last report.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-09 (filed promptly within the SEC’s typical 2-business-day window).
• Transaction type/code: Award/Grant (A); price reported: $0.00; total reported value: $0.
• Vesting: RSUs vest on May 20, 2027 (per footnote).
• Dividend equivalents: Total adjusted to include DEUs credited since last report — 9 DEUs on 10/15/25; 9 DEUs on 01/15/26; 8 DEUs on 04/15/26 (per footnote).
• Shares owned after the transaction: not specified in the provided filing details.

Context

• RSUs are a grant of units that convert into shares upon vesting; they are not an open‑market purchase or sale and do not necessarily signal immediate buying or selling intent.
• The $0 per-unit price is standard for RSU awards (no cash outlay by the recipient). The award includes dividend equivalents, which modestly increase the unit total.