Form 4: Construction Partners Director Gifts Class A Shares

Construction Partners Director Michael H. McKay reported a charitable donation of 1,000 Class A common shares.

Summary

• Director Michael H. McKay reported a charitable donation of 1,000 shares of Construction Partners, Inc. Class A common stock.
• The transaction occurred on December 16, 2025, with a reported price of $0 per share.
• Following the donation, McKay indirectly beneficially owns 22,192 Class A common shares through the Michael H. McKay Trust.
• McKay also directly owns 8,000 restricted Class B common shares and indirectly owns 73,197 Class B common shares through the Michael H. McKay Trust.
• The 8,000 restricted Class B shares include time-based vesting criteria, with 5,333 shares vesting on January 1, 2027, and 2,667 shares vesting on January 1, 2028.
• Each Class B common share is convertible into one Class A common share and carries 10 votes per share, compared to one vote per Class A share.

Sentiment

Score: 5

Explanation: A director's charitable donation is a routine insider transaction that does not directly impact the company's operational performance or financial health, thus maintaining a neutral sentiment.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: A minor reduction in the director's direct Class A common stock holdings, offset by the nature of the transaction being a charitable donation rather than a sale.

Next Steps

• Vesting of 5,333 restricted Class B common shares on January 1, 2027.
• Vesting of 2,667 restricted Class B common shares on January 1, 2028.

Key Dates

Keywords

Construction Partners, ROAD, SEC Form 4, Insider Transaction, Director, Stock Donation, Class A Common Stock, Class B Common Stock