Construction Partners, Inc.: 10% owner Fleming Ned N. IV sold 625 shares

What happened

• Fleming Ned N. IV, a 10% owner, surrendered 625 shares of Class A common stock to Construction Partners, Inc. to satisfy tax withholding obligations upon the vesting of restricted shares. The filing lists a per-share value of $90.03 and a total value of $56,269.

Key details

• Transaction date and price: Oct 02, 2026 at $90.03 per share (transaction code F = tax withholding).
• Shares involved: 625 shares surrendered; total reported value $56,269.
• Filing date: Oct 06, 2026 (filed within two business days after the transaction).
• Relevant footnotes:
  • F1: Shares were surrendered to the issuer to satisfy tax withholding on vested restricted shares; the per-share value used was the closing price on Sep 30, 2026.
  • F2: The filing also discloses 1,877 restricted shares that vest over Sep 30, 2027 (913 shares), Sep 30, 2028 (607 shares), and Sep 30, 2029 (357 shares).
  • F6: Some reported shares are owned through the Ned N. Fleming, IV 2013 Trust; the reporting person is part of a 10% owner group.
• The filing does not state the total number of shares owned by the reporting person after this transaction.

Why it may matter

• This was a tax-withholding surrender of vested restricted shares (not a market sale).
• The reporting person is a 10% owner of the company (a large holder, not necessarily an executive).
• A filing does not show why the insider traded or why the company acted.