GRANITE CONSTRUCTION INC·4

Mar 25, 4:45 PM ET

Williams Bradley Jay 4

Research Summary

AI-generated summary

Updated

Granite Construction (GVA) SVP Bradley Jay Williams Surrenders Shares for Taxes

What Happened

  • Bradley Jay Williams, Senior Vice President of Granite Construction (GVA), surrendered a total of 5,053 shares to satisfy tax withholding related to vesting on March 23, 2026.
  • The transactions were recorded as dispositions (tax withholding): 3,148 shares @ $119.65 = $376,658; 1,372 shares @ $119.65 = $164,160; 533 shares @ $119.65 = $63,773. Combined value ≈ $604,591.
  • This was a tax-withholding share surrender (routine) rather than an open-market sale or a purchase.

Key Details

  • Transaction date: March 23, 2026; Form 4 filed March 25, 2026 (Accession: 0001934956-26-000004).
  • Price reported: $119.65 per share for all three dispositions.
  • Total shares surrendered: 5,053; total proceeds/withholding value ≈ $604,591.
  • Footnote: F1 — shares surrendered to cover taxes due to vesting on March 23, 2026.
  • Shares owned after the transaction: not specified in the excerpt provided.
  • No late-filing indicator is present in the provided details.

Context

  • This transaction is a common tax-withholding event tied to vested equity awards (the company or holder surrendered shares to cover required taxes). It does not necessarily indicate a voluntary sale or change in sentiment.
  • For retail investors, purchases and open-market insider buys typically carry more informational weight; tax-related share surrenders are routine administrative actions.