Form 4: Granite Construction CFO Disposes Shares for Tax

Granite Construction's CFO, Staci M. Woolsey, disposed of common stock shares to cover tax obligations related to vesting.

Summary

• Staci M. Woolsey, Chief Financial Officer of Granite Construction Inc. (GVA), reported the disposition of common stock shares.
• On March 23, 2026, Ms. Woolsey disposed of 3,090 shares and an additional 1,346 shares of common stock.
• These dispositions, totaling 4,436 shares, were made to satisfy tax liabilities arising from the vesting of common stock.
• The shares were valued at $119.65 per share for the purpose of these tax-related transactions.
• Following these transactions, Ms. Woolsey directly beneficially owns 15,864 shares and 14,518 shares of common stock, as reported in two separate entries.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares for tax withholding upon vesting is a standard practice for executives receiving equity compensation and does not typically reflect a change in company fundamentals or insider sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider transactions involving the disposition of shares to cover tax obligations upon vesting of equity awards are a routine and common occurrence, typically not indicative of management's sentiment towards the company's future prospects.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an insider, not a discretionary sale.

Key Dates

Keywords

Granite Construction, GVA, Form 4, Insider Transaction, Stock Sale, CFO, Staci M. Woolsey, Tax Withholding, Vesting