Larkin Kyle T 4

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.