Gregory A. Hoffman - 01 Oct 2024 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
03 Oct 2024, 16:06:40 UTC
Prior SEC filing
21 Dec 2023
Next SEC filing
22 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 03 Oct 2024.

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: 03 Oct 2024, 16:06.

Change

  • Previous filing in this sequence was filed on 21 Dec 2023.
  • Current net transaction value: -$567,683.

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
$567,683
Shares
-8,133
Change %
-17%
Price
$69.80
Shares after
39,112
Date
01 Oct 2024
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reported transaction represents the surrender by the reporting person of shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") to the Issuer to satisfy tax withholding obligations upon the vesting of restricted shares of Class A common stock previously awarded to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan"). Pursuant to the terms of the Incentive Plan and the applicable award agreements, the number of shares surrendered was determined using a value of $69.80 per share, the closing price for a share of Class A common stock on September 30, 2024, the vesting date.

Footnote F2

Includes 20,923 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Incentive Plan that vest as follows: (i) 17,793 shares on September 30, 2025, (ii) 2,005 shares on September 30, 2026, and (iii) 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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