McNally Michael F 4/A
Research Summary
AI-generated summary
Granite (GVA) Director Michael McNally Receives Award of 1,920 RSUs
What Happened
- Michael F. McNally, a director of Granite Construction Inc. (GVA), received an award of 1,920 restricted stock units (RSUs) on August 12, 2025. The Form 4 reports the acquisition as 1,920 shares at $0.00 (award/grant); no cash was paid by the reporting person.
Key Details
- Transaction date: August 12, 2025 (reported in this amended Form 4 filed Feb 13, 2026).
- Transaction type/code: Award/Grant (code A).
- Shares involved: 1,920 RSUs granted @ $0.00 (acquisition value reported as $0).
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — this filing is an amendment correcting the number of restricted stock units granted on August 12, 2025.
- Timeliness: The Form 4 was filed on Feb 13, 2026 for an Aug 12, 2025 transaction and is an amended, late filing; late or amended filings reduce transparency but do not by themselves indicate wrongdoing.
Context
- RSU awards are compensation that typically vest over time and do not represent an open-market purchase or sale by the insider; they are neutral from a trading-sentiment standpoint compared with outright purchases or sales.
- Because this is an award (not a purchase), it is mainly a compensation matter for the director rather than a direct signal of personal buying or selling activity.