Form 4: Director Celeste Mastin Receives Granite Construction RSUs

Director Celeste Beeks Mastin was granted 1,036 restricted stock units as part of the Granite Construction 2024 Equity Incentive Plan.

Summary

• Director Celeste Beeks Mastin acquired 1,036 restricted stock units (RSUs) on June 8, 2026.
• The RSUs were granted under the Granite Construction Incorporated 2024 Equity Incentive Plan.
• The total beneficial ownership for the director is now 11,335 shares, adjusted for recent dividend equivalents.
• The RSUs are scheduled to vest on May 20, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Standard market risks associated with equity ownership in the construction sector.

Future Outlook

The RSUs vest on May 20, 2027, indicating a long-term retention incentive for the director.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to ensure long-term alignment between board members and shareholders in the infrastructure and construction industry.

Comparison to Industry Standards

• The use of restricted stock units as a component of director compensation is consistent with standard practices for mid-to-large cap construction firms like Granite Construction.

Stakeholder Impact

• Shareholders benefit from the continued alignment of director incentives with company performance.

Next Steps

• Vesting of restricted stock units on May 20, 2027.

Key Dates

Keywords

Granite Construction, GVA, Form 4, Insider Transaction, Restricted Stock Units, Equity Incentive Plan