Form 4: Director Molly Campbell Receives GVA Equity Grant
Statement of Changes in Beneficial Ownership
Granite Construction Director Molly Campbell was granted 1,036 restricted stock units under the company's 2024 Equity Incentive Plan.
Summary
- Director Molly Campbell acquired 1,036 restricted stock units (RSUs) on June 8, 2026.
- The grant was issued under the Granite Construction Incorporated 2024 Equity Incentive Plan.
- The total beneficial ownership for the director is now 13,375 shares of common stock.
- The total ownership figure includes 13 dividend equivalent units (DEUs) credited between October 2025 and April 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation, which carries a neutral sentiment.
Positives
- Director alignment with shareholder interests through equity-based compensation.
- Inclusion of dividend equivalent units indicates ongoing participation in the company's dividend reinvestment features.
Negatives
- None identified.
Risks
- Vesting of restricted stock units is subject to the terms of the 2024 Equity Incentive Plan, with a scheduled vesting date of May 20, 2027.
Future Outlook
The restricted stock units are scheduled to vest on May 20, 2027, subject to the terms of the 2024 Equity Incentive Plan.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the construction and engineering sector to ensure long-term alignment between board members and shareholders.
Comparison to Industry Standards
- The use of restricted stock units as a component of director compensation is consistent with standard practices among S&P 400 and construction industry peers.
- The vesting period of approximately one year is standard for annual director equity grants.
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation practices.
Next Steps
- Vesting of the 1,036 restricted stock units on May 20, 2027.
Key Dates
| Date | Description |
|---|---|
| 2025-10-15 | Dividend equivalent units credited |
| 2026-01-15 | Dividend equivalent units credited |
| 2026-04-15 | Dividend equivalent units credited |
| 2026-06-08 | Transaction date of RSU grant |
| 2026-06-09 | Filing date |
| 2027-05-20 | Vesting date for the granted RSUs |
Keywords
Granite Construction, GVA, Insider Trading, Form 4, Equity Incentive Plan, Director Compensation
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