Form 4: Granite Construction Executive James A. Radich Reports Stock Disposals for Tax Obligations

Executive Vice President & COO of Granite Construction, James A. Radich, disposed of shares to cover tax obligations arising from vesting on March 24, 2025.

Summary

• James A. Radich, Executive Vice President & COO of Granite Construction Inc., reported the disposal of common stock on March 24, 2025.
• The disposals were made to cover tax obligations related to vesting shares.
• A total of 3,628 shares were disposed of at a price of $77.71.
• An additional 1,372 shares were disposed of at a price of $77.71.
• Another 8,033 shares were disposed of at a price of $77.71.
• Following these transactions, Radich beneficially owns 40,886.29 shares of Granite Construction Inc.

Sentiment

Score: 6

Explanation: Neutral sentiment. The filing relates to routine tax-related stock disposals, which are a normal part of executive compensation. There's no indication of positive or negative sentiment towards the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment and confidence in the company's prospects. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook.

Stakeholder Impact

• The stock disposal has a minor impact on shareholders as it is related to tax obligations and doesn't reflect a change in the executive's long-term view of the company.

Key Dates

Keywords

Form 4, Granite Construction, GVA, James A. Radich, Stock Disposal, Tax Obligations, Executive Compensation, Beneficial Ownership