Form 4: Granite Construction Executive James A. Radich Reports Stock Transactions
SEC Form 4 Filing
Executive Vice President & COO of Granite Construction, James A. Radich, reports disposition of shares to cover tax obligations upon vesting.
Summary
- James A. Radich, Executive Vice President & COO of Granite Construction Inc., filed a Form 4 on March 26, 2024, reporting changes in beneficial ownership of company stock.
- On March 24, 2024, Radich disposed of 1,862 shares of common stock at a price of $55.03 per share to cover taxes due to vesting.
- Additionally, Radich disposed of 11,287 shares of common stock at the same price for the same reason.
- Following these transactions, Radich directly owns 30,756.29 shares of Granite Construction Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to tax obligations from vesting.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices. This filing indicates routine tax-related stock disposals.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on shareholders as they are related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/24/2024 | Date of stock transactions (disposal of shares for taxes). |
| 03/26/2024 | Date of Form 4 filing. |
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