Form 4: Granite Construction SVP Brian R. Dowd Reports Stock Transactions

Senior Vice President Brian R. Dowd of Granite Construction reported the disposition of shares to cover tax obligations related to vesting.

Summary

• Brian R. Dowd, a Senior Vice President at Granite Construction Inc. (GVA), reported transactions involving the company's common stock on March 24, 2025.
• Dowd disposed of 2,094 shares at a price of $77.71 to cover taxes due to vesting.
• He also disposed of 4,635 shares at the same price for taxes due to vesting.
• Following these transactions, Dowd directly owns 20,837 shares of common stock.
• Dowd also indirectly owns 5,269.5 shares through an ESOP.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, as it simply reports factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched 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 by a company insider, but the impact is likely minimal as the transactions are related to tax obligations.

Key Dates

Keywords

Form 4, Granite Construction, Brian R. Dowd, Stock Transaction, Beneficial Ownership, GVA, SEC Filing