Baugnon Robert G 4
4 · Construction Partners, Inc. · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Construction Partners (ROAD) SVP Robert Baugnon Buys 55 Shares
What Happened
Robert G. Baugnon, Senior Vice President — Personnel and Administration of Construction Partners, Inc. (ROAD), acquired 55 shares of Class A common stock at $92.27 per share on April 2, 2026, for a reported total of $5,075. The shares were purchased under the company's Employee Stock Purchase Plan (ESPP), so this was an employee purchase (a buy), not a sale.
Key Details
- Transaction date and price: April 2, 2026 — 55 shares at $92.27 each (total reported $5,075).
- Filing date: April 6, 2026 — filing appears timely for a Form 4 (filed within the required two business days).
- Shares owned after transaction: The Form 4 does not state a full total beneficial ownership number; it does note inclusion of 4,839 restricted shares previously granted that vest over 2026–2029.
- Notable footnotes: (F1) Purchase made under Construction Partners’ Employee Stock Purchase Plan. (F2) Includes 4,839 restricted shares with time-based vesting (vesting schedule detailed) and the reporting person has sole voting power over the reported shares.
Context
This was an employee ESPP acquisition — a routine, small-dollar purchase reflecting participation in a company plan. Purchases by insiders can be of interest to investors as a sign of insider buying, but small purchases via ESPPs are common and do not on their own indicate a material change in insider sentiment.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-04-02$92.27/sh+55$5,075→ 24,602 total
Footnotes (2)
- [F1]The reported transaction represents the purchase of shares of Class A common stock, par value $0.001 ("Class A common stock") of Construction Partners, Inc. (the "Issuer") by the reporting person pursuant to the Construction Partners, Inc. Employee Stock Purchase Plan.
- [F2]Includes 4,839 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 2,149 shares on September 30, 2026, (ii) 1,476 shares on September 30, 2027, (iii) 857 shares on September 30, 2028 and (iv) 357 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.