Form 4: Granite Construction Executive Vice President James A. Radich Sells 2,500 Shares

Sentiment:

SEC Form 4 Filing


Executive Vice President & COO of Granite Construction, James A. Radich, sold 2,500 shares of common stock at $85 per share on May 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On May 13, 2025, James A. Radich, Executive Vice President & COO of Granite Construction Inc., sold 2,500 shares of the company's common stock.
  • The sale was executed at a price of $85 per share.
  • The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 13, 2024.
  • Following the transaction, Radich directly owns 38,386.29 shares of Granite Construction Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. Rule 10b5-1 plans are designed to allow insiders to trade without being accused of insider trading.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders due to the small volume of shares sold.

Key Dates

DateDescription
2024-11-13Date the reporting person adopted a Rule 10b5-1 trading plan
2025-05-13Date of the stock sale transaction

Keywords

Granite Construction, James A. Radich, Executive Vice President, COO, stock sale, Form 4, Rule 10b5-1, insider trading

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