Form 4: Granite Construction SVP Michael Tatusko Sells Shares

Senior Vice President Michael G. Tatusko of Granite Construction Inc. recently sold shares of the company's common stock.

Summary

• On August 6, 2024, Michael G. Tatusko, a Senior Vice President at Granite Construction Inc., sold 4,644 shares of common stock at a price of $69.21 per share.
• He also sold 356 shares at $69.29 per share.
• Following these transactions, Tatusko directly owns 21,943.28 shares of Granite Construction Inc.
• He also indirectly owns 5,540.28 shares through an ESOP.
• The reported transactions include adjustments for dividend equivalents and dividends earned under the ESOP plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock transactions.

Industry Context

Form 4 filings are a routine part of the stock market, 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

• Shareholders may interpret insider sales as a lack of confidence in the company's future prospects, potentially leading to a decrease in stock price.

Key Dates