Form 4: Granite Construction CFO Sells Shares via 10b5-1 Plan

Granite Construction CFO Staci M. Woolsey sold 3,501 shares of common stock for $118.58 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Staci M. Woolsey, Chief Financial Officer of Granite Construction Inc. (GVA), reported a sale of common stock.
• The transaction involved the disposition of 3,501 shares of GVA common stock.
• The shares were sold at a price of $118.58 per share.
• The sale occurred on March 27, 2026.
• Following this transaction, Staci M. Woolsey beneficially owns 11,017 shares of GVA common stock.
• The sale was executed automatically pursuant to a Rule 10b5-1 trading plan, which was adopted by the reporting person on December 10, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale was pre-scheduled under a 10b5-1 plan, which typically indicates a planned liquidity event rather than a reaction to new material information about the company's performance or outlook.

Future Outlook

This filing does not contain forward-looking statements or guidance, as it is a report of a past insider transaction.

Industry Context

StockSavvy.ai notes that insider sales executed under Rule 10b5-1 plans are common practice for corporate executives. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, helping them avoid accusations of trading on material non-public information. Such sales are generally viewed as less indicative of management's sentiment about the company's future prospects compared to open market sales not under a 10b5-1 plan.

Key Dates

Recommendation

The sale of shares by the CFO was conducted under a pre-arranged 10b5-1 trading plan, which was adopted several months prior to the transaction. This type of insider sale is generally considered a routine liquidity event for executives and does not typically signal a change in the company's fundamental outlook or management's confidence. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Granite Construction, GVA, Form 4, Insider Trading, Stock Sale, CFO, 10b5-1 Plan, Executive Compensation