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.
- Filing timestamp: 21 Dec 2023, 16:18.
Gregory A. Hoffman - 19 Dec 2023 Form 4 Insider Report for Construction Partners, Inc. (ROAD)
- Role
- Senior VP, Finance
- Signature
- /s/ Gregory A. Hoffman
- Issuer symbol
- ROAD
- Transactions as of
- 19 Dec 2023
- Net transactions value
- -$9,888
- Form type
- 4
- Filing time
- 21 Dec 2023, 16:18:14 UTC
- Previous filing
- 15 Dec 2023
- Next filing
- 03 Oct 2024
- SEC
- View on sec.gov
Key filing fact
Gregory A. Hoffman filed Form 4 for Construction Partners, Inc. (ROAD) on 21 Dec 2023.
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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| 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. |
| 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. |
| 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. |