CAMPBELL MOLLY 4
Research Summary
AI-generated summary
Granite Construction (GVA) Director Molly Campbell Receives Award
What Happened
Molly Campbell, a director of Granite Construction, was granted 1,036 restricted stock units (RSUs) on 2026-06-08. The Form 4 reports the grant as an award (transaction code A) at $0.00 — no cash was paid. These RSUs vest on May 20, 2027 and the reported total was adjusted to include dividend equivalents credited since the last report.
Key Details
- Transaction date: 2026-06-08; Filing date: 2026-06-09 (timely).
- Instrument and amount: 1,036 restricted stock units (award). Reported price: $0.00; reported value: $0.
- Vesting: RSUs vest on May 20, 2027 (per footnote).
- Dividend equivalents: Total was adjusted to include dividend equivalent units credited since the last report (DEUs: 5 on 10/15/25; 4 on 01/15/26; 4 on 04/15/26).
- Shares owned after transaction: not specified in the provided filing.
- Transaction code: A = Award/Grant.
Context
RSUs are a non-cash compensation award that convert to shares (or cash) only after vesting; they are not an immediate open-market purchase or sale. Because these units vest in 2027, they represent future potential ownership and are commonly used for retention and alignment with company performance rather than near-term trading signals.