Williams Bradley Jay 4
Research Summary
AI-generated summary
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.