Gregory A. Hoffman - 19 Dec 2023 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Dec 2023, 16:18:14 UTC
Prior SEC filing
15 Dec 2023
Next SEC filing
03 Oct 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gregory A. Hoffman

Key filing fact

Gregory A. Hoffman filed Form 4 for Construction Partners, Inc. (ROAD) on 21 Dec 2023.

Key facts

  • This page summarizes Gregory A. Hoffman's Form 4 filing for Construction Partners, Inc. (ROAD).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Dec 2023, 16:18.

Change

  • Previous filing in this sequence was filed on 15 Dec 2023.
  • Current net transaction value: -$9,888.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ROAD transaction

Class A Common Stock

Tax liability

Transaction value
$9,888
Shares
-226
Change %
-0.48%
Price
$43.75
Shares after
47,245
Date
19 Dec 2023
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the grant of immediately vested shares of Class A common stock on December 13, 2023.

Footnote F2

Pursuant to the terms of the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan") and the applicable award agreement, the number of shares withheld was determined using a value of $43.75 per share, based on the closing price for a share of Class A common stock on the vesting date.

Footnote F3

Includes 39,464 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 18,541 shares on September 30, 2024, (ii) 17,793 shares on September 30, 2025, (iii) 2,005 shares on September 30, 2026, and (iv) 1,125 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

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