Charles E. Owens - 22 May 2024 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
24 May 2024, 16:15:27 UTC
Next SEC filing
06 Dec 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Charles E. Owens

Key filing fact

Charles E. Owens filed Form 4 for Construction Partners, Inc. (ROAD) on 24 May 2024.

Key facts

  • This page summarizes Charles E. Owens's Form 4 filing for Construction Partners, Inc. (ROAD).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 24 May 2024, 16:15.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

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

Award

Transaction value
$0
Shares
+250,000
Change %
Price
$0.000000
Shares after
250,000
Date
22 May 2024
Ownership
By Grace, Ltd.
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ROAD transaction Derivative

Class B Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-250,000
Change %
-20%
Price
$0.000000
Shares after
1,000,000
Date
22 May 2024
Ownership
By Grace, Ltd.
Underlying class
Class A Common Stock
Underlying amount
250,000
Exercise price
Footnotes
F2, F3, F4
ROAD holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,775
Date
22 May 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,775
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act") pursuant to Rule 16b-3(d) promulgated thereunder.

Footnote F2

The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares.

Footnote F3

Each share of Class B common stock, $0.001 par value ("Class B common stock"), of Construction Partners, Inc. (the "Issuer") is convertible into one share of Class A common stock, $0.001 par value ("Class A common stock") of the Issuer (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.

Footnote F4

This transaction was exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(e) promulgated thereunder.

Footnote F5

Represents previously unreported shares of Class B common stock received by the reporting person in November 2021 and June 2023 in connection with pro rata distributions of shares for no consideration from a limited partnership in which the reporting person is a limited partner.

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