Form 4: Granite Construction CFO Staci M. Woolsey Reports Stock Disposals for Tax Obligations

Staci M. Woolsey, CFO of Granite Construction, reported disposing of shares to cover tax obligations related to vesting on March 24, 2025.

Summary

• On March 24, 2025, Staci M. Woolsey, the Chief Financial Officer of Granite Construction Inc. (GVA), disposed of shares of common stock to cover tax obligations.
• A total of 1,634 shares were disposed of at a price of $77.71 per share.
• An additional 3,617 shares were disposed of at the same price of $77.71 per share.
• Following these transactions, Woolsey directly owns 12,786 shares of Granite Construction Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. The stock disposal is related to tax obligations, which is a normal part of executive compensation. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.

Stakeholder Impact

• The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Staci M. Woolsey, Granite Construction, GVA, CFO, Stock Disposal, Tax Obligations, Vesting