Form 4: Granite Construction Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Michael G. Tatusko, a Senior Vice President at Granite Construction Inc., reports the disposal of shares to cover tax obligations upon vesting.
Summary
- On March 24, 2025, Michael G. Tatusko, a Senior Vice President of Granite Construction Inc., disposed of 1,730 shares of common stock at a price of $77.71.
- Additionally, Tatusko disposed of 3,831 shares of common stock at the same price on the same date.
- These transactions were executed to cover tax obligations arising from the vesting of shares.
- Following these transactions, Tatusko directly owns 31,229.28 shares and indirectly owns 5,549.09 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely monitored by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the purpose is to cover tax obligations, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Date of stock disposal for tax obligations. |
| 03/25/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Granite Construction Inc, GVA, Michael G. Tatusko, Stock Disposal, Tax Obligations, Vesting, ESOP, Senior Vice President
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