Larkin Kyle T. - 14 Mar 2025 Form 4 Insider Report for GRANITE CONSTRUCTION INC (GVA)

Signature
/s/ Betty Kwong, attorney-in-fact for Kyle T. Larkin
Issuer symbol
GVA
Transactions as of
14 Mar 2025
Net transactions value
-$650,751
Form type
4
Filing time
18 Mar 2025, 16:17:09 UTC
Previous filing
05 Nov 2024
Next filing
25 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVA Common Stock Award $0 +12,153 +13% $0.000000 106,181 14 Mar 2025 Direct F1, F2
transaction GVA Common Stock Award $0 +26,381 +25% $0.000000 132,562 14 Mar 2025 Direct F3
transaction GVA Common Stock Award $0 +58,411 +44% $0.000000 190,973 14 Mar 2025 Direct F4
transaction GVA Common Stock Tax liability $245,846 -3,320 -1.7% $74.05 187,653 14 Mar 2025 Direct F5
transaction GVA Common Stock Tax liability $219,262 -2,961 -1.6% $74.05 184,692 14 Mar 2025 Direct F6
transaction GVA Common Stock Tax liability $185,643 -2,507 -1.4% $74.05 182,185 14 Mar 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.
F2 Total adjusted to include dividend equivalents (DEUs: 48 - 1/15/25) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report.
F3 The stock units vest 100% ten days after the date of grant.
F4 The stock units vest 100% ten days after the date of grant.
F5 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/22).
F6 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/23).
F7 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/24).