Tatusko Michael G 4
4 · GRANITE CONSTRUCTION INC · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Granite Construction (GVA) SVP Michael Tatusko Surrenders 4,981 Shares for Taxes
What Happened
Michael G. Tatusko, Senior Vice President of Granite Construction Inc. (GVA), surrendered a total of 4,981 shares to cover tax withholding tied to a vesting event. The filing shows two withholding transactions on 2026-03-23: 3,469 shares at $119.65 ($415,066) and 1,512 shares at $119.65 ($180,911), for a combined value of $595,977. These were tax-withholding dispositions (transaction code F), not open-market sales.
Key Details
- Transaction dates: March 23, 2026; Form 4 filed March 25, 2026.
- Prices: $119.65 per share for both lots.
- Shares surrendered: 3,469 and 1,512 (total 4,981). Total value ≈ $595,977.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — shares were surrendered to satisfy tax withholding due to vesting on March 23, 2026.
- Timeliness: Filing appears timely (filed two days after the transactions).
Context
This was a routine tax-withholding transaction tied to vesting (commonly RSUs or similar awards). Such surrendering of shares to cover taxes is administrative and does not necessarily indicate a change in the insider’s view of the company; it differs from an open-market sale or a fresh purchase.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-23$119.65/sh−3,469$415,066→ 38,796.28 total - Tax Payment
Common Stock
[F1]2026-03-23$119.65/sh−1,512$180,911→ 37,284.28 total
- 5,586.56(indirect: By ESOP)
Common Stock
Footnotes (1)
- [F1]Shares surrendered for taxes due to vesting on March 23, 2026.