Form 4: Granite Construction SVP Bradley Jay Williams Reports Stock Transactions

Senior Vice President Bradley Jay Williams of Granite Construction reports the surrender of shares for taxes due to vesting on March 24, 2025.

Summary

• Bradley Jay Williams, a Senior Vice President at Granite Construction Inc. (GVA), reported changes in beneficial ownership of company stock.
• On March 24, 2025, Williams surrendered 900 shares of common stock at a price of $77.71 per share to cover taxes due to vesting.
• Additionally, 1,608 shares were surrendered for taxes due to vesting on the same date at the same price.
• Following these transactions, Williams directly owns 9,852 shares of common stock and indirectly owns 8,260.8 shares through an ESOP.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions related to vesting, with no inherent positive or negative implications for the company's overall performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• The transactions reported are typical for executives receiving stock-based compensation and managing their tax obligations.
• Similar filings can be observed across the construction industry for companies like Fluor Corporation (FLR) and Jacobs Engineering Group (J).

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, as they represent a small portion of the total outstanding shares.
• The filing provides transparency to stakeholders regarding executive stock ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Granite Construction, GVA, Bradley Jay Williams, Stock Transaction, Vesting, ESOP, Taxes