Form 4: Granite Construction Director Alan Krusi Reports Acquisition of Shares Through Equity Incentive Plan

Director Alan Krusi reported the acquisition of 2,255 shares of Granite Construction Inc. common stock through the company's 2024 Equity Incentive Plan.

Summary

• On June 11, 2024, Alan Krusi, a director of Granite Construction Inc., acquired 2,255 shares of common stock.
• The acquisition was made through the Granite Construction Incorporated 2024 Equity Incentive Plan.
• The restricted stock units vest on May 20, 2025.
• Krusi's total holdings after the transaction amount to 19,437 shares, adjusted to include dividend equivalents.
• The report was filed on June 12, 2024, by Betty Kwong, attorney-in-fact for Alan P. Krusi.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not inherently convey positive or negative sentiment. It simply reports a transaction.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates