Key facts
- This page summarizes Gregory A. Hoffman's Form 4 filing for Construction Partners, Inc. (ROAD).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 20 Nov 2024, 17:18.
Gregory A. Hoffman - 19 Nov 2024 Form 4 Insider Report for Construction Partners, Inc. (ROAD)
- Reporting relationship
- Senior VP, Finance
- Issuer ticker
- ROAD
- Reported as of
- 19 Nov 2024
- Net transaction value
- -$837,374
- SEC form
- 4
- Accepted by SEC
- 20 Nov 2024, 17:18:41 UTC
- Prior SEC filing
- 22 Oct 2024
- Next SEC filing
- 19 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Gregory A. Hoffman
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gregory A. Hoffman filed Form 4 for Construction Partners, Inc. (ROAD) on 20 Nov 2024.
Change
- Previous filing in this sequence was filed on 22 Oct 2024.
- Current net transaction value: -$837,374.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- $837,374
- Shares
- -9,209
- Change %
- -19%
- Price
- $90.93
- Shares after
- 39,903
- Date
- 15 Nov 2024
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ROAD
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 11,000
- Date
- 19 Nov 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,000
- Exercise price
- Footnotes
- 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
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 $90.93 per share, the closing price for a share of Class A common stock on November 6, 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.
Footnote F3
Each share of Class B common stock, par value $0.001 per share, of the Issuer ("Class B common stock") 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.