John L. Harper - Dec 13, 2024 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Role
Senior Vice President
Signature
/s/ John L. Harper
Stock symbol
ROAD
Transactions as of
Dec 13, 2024
Transactions value $
-$566,477
Form type
4
Date filed
12/17/2024, 05:09 PM
Previous filing
Oct 22, 2024
Next filing
Dec 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROAD Class A Common Stock Sale -$448K -4.75K -2.95% $94.29 156K Dec 13, 2024 Direct F1, F2
transaction ROAD Class A Common Stock Sale -$119K -1.25K -0.8% $94.88 155K Dec 13, 2024 Direct F2, F3
holding ROAD Class A Common Stock 1K Dec 13, 2024 By spouse
* 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 $93.78 to $94.77, 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 Includes 8,750 shares previously distributed to the reporting person for no value in connection with the termination of two trusts for which the reporting person previously served as sole trustee and co-trustee, respectively. Also includes 31,437 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 28,326 shares on September 30, 2025, (ii) 2,183 shares on September 30, 2026, and (iii) 928 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.78 to $95.10, 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.