Form 4: Granite Construction CEO Kyle Larkin Reports Stock Transactions
SEC Form 4 Filing
CEO Kyle Larkin reports disposition of Granite Construction stock to cover tax obligations related to vesting shares.
Summary
- On March 24, 2025, Kyle T. Larkin, President & CEO of Granite Construction Inc., disposed of 13,397 shares of common stock at a price of $77.71.
- These shares were surrendered to cover taxes due to vesting.
- An additional 29,662 shares were also disposed of at the same price for the same reason.
- Following these transactions, Larkin directly owns 139,126 shares of Granite Construction Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine stock transactions for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's stock transactions related to tax obligations from vesting shares, which is a common occurrence.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but it's primarily a routine matter.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of stock transactions (disposition of shares). |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Granite Construction, Kyle Larkin, Stock Disposition, Beneficial Ownership, GVA, CEO
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