Form 4: Granite Construction Director Sells Shares in Recent Transaction

Celeste Beeks Mastin, a director at Granite Construction Inc., sold 5,435 shares of common stock on December 12, 2024.

Summary

• Celeste Beeks Mastin, a director of Granite Construction Inc., sold 5,435 shares of the company's common stock on December 12, 2024.
• The sale was executed at a price of $97.44 per share.
• Following the transaction, Ms. Mastin directly owns 16,579 shares of Granite Construction Inc. common stock.
• The reported holdings include dividend equivalents credited to Ms. Mastin under the company's equity plans.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The sale by a director is not unusual and is a common occurrence in the corporate world.
• The volume of shares sold is not significant compared to the total outstanding shares of Granite Construction Inc.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

Granite Construction, GVA, stock sale, insider trading, director, Celeste Beeks Mastin, equity