Larkin Kyle T 4

What Happened

• Kyle T. Larkin, President & CEO and a director of Granite Construction, sold 7,314 shares of GVA stock on March 19, 2026.
• The shares were sold at $119.84 per share, generating gross proceeds of approximately $876,510.
• This was a sale (not a purchase or option exercise) and is typically considered a routine liquidity event rather than an affirmative bullish signal.

Key Details

• Transaction date: 2026-03-19; Price: $119.84 per share; Shares sold: 7,314; Proceeds: ~$876,510.
• Report filed: 2026-03-19 (timely with the period of report).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote: The sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Larkin on December 3, 2025 (preplanned sale).
• Transaction code: S (sale, open market/private sale).

Context

• A Rule 10b5-1 plan allows insiders to predefine trades to avoid perceptions of trading on nonpublic information; such sales are often routine and planned in advance.
• Sales are generally less informative than insider purchases about future company prospects; this transaction does not, by itself, indicate management’s view of Granite’s future performance.