Tatusko Michael G 4

What Happened
Michael G. Tatusko, Senior Vice President of Granite Construction (GVA), received equity awards on March 13, 2026 totaling 13,896 stock units (three separate grants). The awards were reported at $0 (stock units/RSUs). On March 14, 2026, Tatusko surrendered 880 shares (371, 275 and 234 shares) to satisfy tax withholding related to vesting; those surrendered shares were reported disposed at $120.73 per share for total reported value of $106,243.

Key Details

• Transactions reported:
  • 2026-03-13: Awards (code A) — 1,242; 3,840; and 8,814 stock units (total 13,896) at $0.00 (award grants).
  • 2026-03-14: Tax withholding (code F) — 371 shares @ $120.73 = $44,791; 275 shares @ $120.73 = $33,201; 234 shares @ $120.73 = $28,251. Total = $106,243.
• Filing: Report filed 2026-03-17 covering transactions with a period of report 2026-03-13 (appears timely within standard Form 4 timing).
• Shares owned after the transactions: Not disclosed in the provided filing data.
• Notable footnotes:
  • F1/F3: Awards granted under Granite’s 2024 and 2021 Equity Incentive Plans; vesting schedules differ (some vest in three equal annual installments, some vest 100% shortly after grant).
  • F2/F7: Dividend equivalents were credited to the award amounts.
  • F4–F6: The surrendered shares were specifically withheld to cover taxes due upon vesting of prior grants.

Context
These filings reflect equity awards (acquisitions of stock units) followed by routine tax-withholding share surrenders. This is common when RSUs vest and companies withhold or accept shares to cover taxes; it is not the same as an open-market sale for investment purposes. The reported per-share price ($120.73) is the withholding valuation used for the disposals.