Noreen E. Skelly - 04 Mar 2025 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Role
Director
Signature
/s/ Noreen E. Skelly
Issuer symbol
ROAD
Transactions as of
04 Mar 2025
Net transactions value
$0
Form type
4
Filing time
06 Mar 2025, 16:43:25 UTC
Previous filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROAD Class A Common Stock Award $0 +8,000 +47% $0.000000 25,000 04 Mar 2025 Direct F1, F2
holding ROAD Class A Common Stock 3,434 04 Mar 2025 By Skelly Revocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction represents a grant of restricted shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The shares of Class A common stock subject to the reported award vest in installments of 5,333 shares on January 1, 2027 and 2,667 shares on January 1, 2028. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares.
F2 Includes 8,000 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 5,333 shares on January 1, 2027 and (ii) 2,667 shares on January 1, 2028. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares.
F3 The reported shares are held by a trust for which the reporting person serves as co-trustee, and in such capacity shares the power to vote and direct the disposition of such shares.