4Filed Aug 30, 8:00 PM ET
Construction Partners (ROAD) SVP Brooks Ryan Gifts 100 Shares
$ROAD · Construction Partners, Inc.Research Summary
AI-generated summary of this SEC filing
Construction Partners (ROAD) SVP Brooks Ryan Gifts 100 Shares
What Happened
Brooks Judson Ryan, SVP and General Counsel of Construction Partners, Inc. (ROAD), disposed of 100 shares on August 28, 2026 by gift (transaction code G). The reported disposition shows $0 in proceeds (a gift), not an open-market sale.
Key Details
- Transaction date: 2026-08-28; Form 4 filed: 2026-08-31.
- Transaction type: Gift (code G). Price reported: $0.00; shares disposed: 100.
- The filing does not state a post-transaction total beneficial ownership number in the summary provided here. Footnotes in the filing indicate the reporting person still has restricted shares and RSUs (see below).
- Notable footnotes from the filing:
- F1: 3,632 time‑vested restricted Class A shares with scheduled vesting through Sept 30, 2029; reporting person has sole voting power over these shares.
- F2: Describes Class B conversion rights and that Class B shares carry 10 votes per share (convertible to Class A).
- F3: 40,000 restricted Class B shares vesting as a single tranche on Sept 30, 2030.
- F4/F5: RSU details — RSUs are cash‑settled (F4); F5 shows 1,388 cash‑settled RSUs vesting through Sept 30, 2028.
- No indication in the provided data that this filing was late; the Form 4 was filed three days after the reported transaction.
Context
Gifts are disposals for reasons such as estate planning or personal transfers and do not necessarily reflect the insider’s view of the company’s prospects. The filing’s footnotes show the insider retains various restricted shares and cash‑settled RSUs with future vesting dates; Class B shares (if held) have different voting power and conversion mechanics (F2).