Fred J. Smith III - 29 Dec 2025 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Signature
/s/ Fred J. Smith, III
Issuer symbol
ROAD
Transactions as of
29 Dec 2025
Net transactions value
$0
Form type
4
Filing time
29 Dec 2025, 16:46:39 UTC
Previous filing
26 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Fred Julius III President and CEO, Director 290 HEALTHWEST DRIVE, SUITE 2, DOTHAN /s/ Fred J. Smith, III 29 Dec 2025 0001739258

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ROAD Class A Common Stock 13,553 29 Dec 2025 Direct F1
holding ROAD Class A Common Stock 9,333 29 Dec 2025 By Tar Frog Investment Management LLC F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ROAD Class B Common Stock Gift $0 0 0% $0.000000 60,000 29 Dec 2025 Class A Common Stock 0 By FJS3 ROADventure, LLC F3, F4, F5
holding ROAD Class B Common Stock 377,155 29 Dec 2025 Class A Common Stock 377,155 Direct F3
holding ROAD Class B Common Stock 140,572 29 Dec 2025 Class A Common Stock 140,572 By Tar Frog Investment Management LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 13,553 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer"), with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 6,227 shares on September 30, 2026, (ii) 4,105 shares on September 30, 2027, (iii) 2,267 shares on September 30, 2028, and (iv) 954 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.
F2 The reported shares are held by a limited liability company for which the reporting person serves as co-manager, and, in such capacity, shares the power to vote and direct the disposition of the shares.
F3 Each share of Class B common stock, $0.001 par value ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.
F4 The reporting person previously transferred 60,000 shares of Class B common stock from his direct holdings to FJS3 ROADventure, LLC. The reporting person was the sole member and sole manager of FJS3 ROADventure, LLC at the time of such transfer. Such transfer was exempt from reporting pursuant to Rule 16a-13 because it resulted in a change in form of beneficial ownership but no change in the reporting person's pecuniary interest in such shares of Class B common stock. The reported transaction reflects the subsequent transfer of certain non-voting ownership interests in FJS3 ROADventure, LLC from the reporting person to a trust established for the benefit of the reporting person's wife and children. FJS3 ROADventure, LLC continues to hold the shares of Class B common stock.
F5 The reported shares are held by a limited liability company for which the reporting person serves as the sole manager, and, in such capacity, has the sole power to vote and direct the disposition of the shares.