Construction Partners (ROAD) SVP/GC Brooks Ryan Receives 40,000-Share Award

What Happened
Brooks Judson Ryan, SVP and General Counsel of Construction Partners, Inc. (ROAD), received a grant of 40,000 restricted shares of Class B common stock on August 6, 2026. The award was granted at $0.00 (no cash paid) and is reported as a derivative/award. The grant has a single time‑based vesting tranche scheduled for September 30, 2030.

Key Details

• Transaction date: August 6, 2026; Filing date: August 10, 2026 (filed 4 days after the transaction; appears later than the typical two-business‑day Form 4 deadline).
• Type/Code: Award/Grant (derivative); reported price $0.00; reported value $0.
• Vesting for this award: 40,000 Class B shares vest in full on September 30, 2030 (per filing footnotes F3/F4).
• Other reported awards held by Mr. Ryan:
  • 3,632 restricted Class A shares (time‑based vesting: 1,742 on 9/30/2026; 926 on 9/30/2027; 607 on 9/30/2028; 357 on 9/30/2029) (F1).
  • 1,388 cash‑settled RSUs (vest: 569 on 9/30/2026; 569 on 9/30/2027; 250 on 9/30/2028) (F6).
• Filing does not state total shares owned after the grant (total beneficial ownership not specified in this Form 4).
• Transaction code: A (award/grant). No tax‑withholding sale or cash exercise was reported.

Context

• The award is restricted stock (Class B) with time‑based vesting; Mr. Ryan pays no cash now and must remain in service through the vesting date to receive the shares. Class B shares are convertible into Class A shares and carry 10 votes per share (see F2), which can affect voting power but not immediate cash value.
• RSUs noted in the filing are cash‑settled (each represents a contingent right to cash equal to the value of one Class A share) (F5).
• Awards and grants are common forms of executive compensation and do not necessarily signal an immediate buy/sell conviction by the insider.