Larkin Kyle T 4
4 · GRANITE CONSTRUCTION INC · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Granite Construction (GVA) CEO Kyle Larkin Sells Shares
What Happened
- Kyle T. Larkin, President, CEO and Director of Granite Construction, sold a total of 38,675 shares in open-market transactions on March 27 and March 30, 2026, generating approximately $4.55 million in proceeds.
- Individual reported lots: 13,066 @ $117.80 ($1,539,201); 12,285 @ $118.34 ($1,453,795); 1,300 @ $119.19 ($154,944); 1,846 @ $115.72 ($213,612); 8,290 @ $116.46 ($965,487); 1,588 @ $117.09 ($185,941); and 300 @ $118.73 ($35,619). These were sales (not purchases) and are generally considered routine dispositions rather than a bullish signal.
Key Details
- Transaction dates: March 27, 2026 and March 30, 2026; Form 4 filed March 30, 2026.
- Total shares sold: 38,675; total proceeds: ~ $4,548,599.
- Price reporting: filing uses weighted-average prices and includes footnotes giving the ranges for multiple executions (e.g., $117.60–117.98; $118.00–118.93; $119.05–119.49; $115.01–115.956; $116.05–116.99; $117.00–117.88). The reporting person will provide a breakdown of individual prices on request.
- Footnote: the sales were made automatically pursuant to a Rule 10b5-1 trading plan adopted December 3, 2025 (pre-arranged trading plan).
- Shares owned after the transactions are not shown in the provided excerpt of the filing.
- Timeliness: Form 4 was filed on March 30, 2026 (covers trades on March 27 and March 30) — filing appears timely.
Context
- Sales made under a Rule 10b5-1 plan are pre-scheduled and common for executives to diversify or manage holdings; they do not necessarily reflect a change in the insider’s view of the company.
- For retail investors, purchases by insiders tend to be more informative about confidence than routine sales; this filing documents a sizable, pre-arranged disposition by the CEO.
Insider Transaction Report
Form 4
Larkin Kyle T
DirectorPresident & CEO
Transactions
- Sale
Common Stock
[F1][F2]2026-03-27$117.80/sh−13,066$1,539,201→ 128,466 total - Sale
Common Stock
[F1][F3]2026-03-27$118.34/sh−12,285$1,453,795→ 116,181 total - Sale
Common Stock
[F1][F4]2026-03-27$119.19/sh−1,300$154,944→ 114,881 total - Sale
Common Stock
[F1][F5]2026-03-30$115.72/sh−1,846$213,612→ 113,035 total - Sale
Common Stock
[F1][F6]2026-03-30$116.46/sh−8,290$965,487→ 104,745 total - Sale
Common Stock
[F1][F7]2026-03-30$117.09/sh−1,588$185,941→ 103,157 total - Sale
Common Stock
[F1]2026-03-30$118.73/sh−300$35,619→ 102,857 total
Footnotes (7)
- [F1]The reported sale of 38,675 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025.
- [F2]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $117.60 to $117.98, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
- [F3]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $118.00 to $118.93, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
- [F4]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $119.05 to $119.49, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
- [F5]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $115.01 to $115.956, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
- [F6]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $116.05 to $116.99, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
- [F7]The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $117.00 to $117.88, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
Signature
/s/ Troy Erickson, attorney-in-fact for Kyle T. Larkin|2026-03-30