Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GVA | Common Stock | Sale | -$2.68M | -30K | -24.2% | $89.28 | 94K | Nov 5, 2024 | Direct | F1, F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | The reported sale of 30,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 6, 2024. |
F2 | The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $89.26 to $89.29, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range. |
F3 | Total adjusted to include dividend equivalents (DEUs: 68 - 7/15/24; 53 - 10/15/24) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report. |