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

Role
Director
Signature
/s/ Charles E. Owens
Stock symbol
ROAD
Transactions as of
Dec 4, 2024
Transactions value $
-$12,076,215
Form type
4
Date filed
12/6/2024, 05:50 PM
Previous filing
May 24, 2024
Next filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROAD Class A Common Stock Sale -$4.69M -46.2K -18.5% $101.33 204K Dec 4, 2024 By Grace, Ltd. F1, F2
transaction ROAD Class A Common Stock Sale -$36.2K -355 -0.17% $101.90 203K Dec 4, 2024 By Grace, Ltd. F2, F3
transaction ROAD Class A Common Stock Sale -$1.17M -11.8K -5.79% $99.45 192K Dec 5, 2024 By Grace, Ltd. F2, F4
transaction ROAD Class A Common Stock Sale -$1.17M -11.6K -6.07% $100.80 180K Dec 5, 2024 By Grace, Ltd. F2, F5
transaction ROAD Class A Common Stock Sale -$2.93M -29.3K -16.25% $100.32 151K Dec 6, 2024 By Grace, Ltd. F2, F6
transaction ROAD Class A Common Stock Sale -$1.85M -18.2K -12.1% $101.45 133K Dec 6, 2024 By Grace, Ltd. F2, F7
transaction ROAD Class A Common Stock Sale -$225K -2.21K -1.67% $102.04 130K Dec 6, 2024 By Grace, Ltd. F2, F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ROAD Class B Common Stock 1M Dec 4, 2024 Class A Common Stock 1M By Grace, Ltd. F2, F9
holding ROAD Class B Common Stock 6.78K Dec 4, 2024 Class A Common Stock 6.78K Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.84 to $101.78, inclusive. The reporting person undertakes to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.90 to $101.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.02 to $100.01, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.10 to $101.08, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.00 to $100.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.78, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F9 Each share of Class B common stock, $0.001 par value ("Class B common stock"), of 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.