Form 4: Granite Construction Director Molly Campbell Sells Shares

Director Molly Campbell sold 2,810 shares of Granite Construction (GVA) on August 20, 2024.

Summary

• Molly Campbell, a director of Granite Construction Inc. (GVA), sold 2,810 shares of common stock on August 20, 2024.
• The shares were sold at a price of $71.43 per share.
• Following the transaction, Campbell directly owns 14,713 shares of Granite Construction.
• The total includes dividend equivalents (DEUs: 11 7/15/24) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated's equity plans since the Reporting Person's last report.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company. It could be for personal financial reasons.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by a director could cause minor short-term fluctuations in the stock price, but the overall impact on stakeholders is likely to be minimal.

Key Dates