Ned N. Fleming IV - 06 Aug 2026 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Reporting relationship: Senior VP - Strategy & Bus Dev, Member of 10% owner group
Issuer ticker: ROAD
Reported as of: 06 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Aug 2026, 16:45:31 UTC
Prior SEC filing: 20 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Ned N. Fleming, IV

Key filing fact

Ned N. Fleming IV filed Form 4 for Construction Partners, Inc. (ROAD) on 10 Aug 2026.

Key facts

This page summarizes Ned N. Fleming IV's Form 4 filing for Construction Partners, Inc. (ROAD).
1 reported transaction and 4 derivative rows are listed below.
Accepted by SEC: 10 Aug 2026, 16:45.

Change

Previous filing in this sequence was filed on 20 Nov 2025.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001987592 Primary reporting owner

Fleming Ned N. IV

Relationship: Senior VP - Strategy & Bus Dev, Member of 10% owner group
Address: 5420 LBJ FREEWAY, SUITE 1000, DALLAS
Signature: /s/ Ned N. Fleming, IV
Signature date: 10 Aug 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ROAD holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 43,964
Date: 06 Aug 2026
Ownership: Direct
Footnotes: F1

ROAD holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 9,333
Date: 06 Aug 2026
Ownership: By Tar Frog Investment Management LLC
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ROAD transaction Derivative

Class B Common Stock

Award

Transaction value
Shares: +50,000
Change %: +50%
Price: $0.000000^*
Shares after: 150,869
Date: 06 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 50,000
Exercise price
Footnotes: F3, F4, F5

ROAD holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 241,008
Date: 06 Aug 2026
Ownership: By the Ned N. Fleming, IV 2013 Trust
Underlying class: Class A Common Stock
Underlying amount: 241,008
Exercise price
Footnotes: F3, F6

ROAD holding Derivative

Class B Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 140,572
Date: 06 Aug 2026
Ownership: By Tar Frog Investment Management LLC
Underlying class: Class A Common Stock
Underlying amount: 140,572
Exercise price
Footnotes: F2, F3

ROAD holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,360
Date: 06 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,360
Exercise price
Footnotes: F7, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Includes 3,461 restricted shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan") that vest as follows, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date: (i) 1,584 shares on September 30, 2026, (ii) 913 shares on September 30, 2027, (iii) 607 shares on September 30, 2028, and (iv) 357 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

Footnote F2

The reported shares are held by a limited liability company for which the reporting person serves as co-manager, and, in such capacity, shares the power to vote and direct the disposition of the shares.

Footnote F3

Each share of Class B common stock, $0.001 par value, 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.

Footnote F4

The reported transaction represents a grant of restricted shares of Class B common stock with time-based vesting criteria under the Construction Partners, Inc. 2024 Restricted Stock Plan (the "Restricted Stock Plan"). The shares of Class B common stock subject to the reported award vest as a single tranche on September 30, 2030, subject to the reporting person's continued service with the Issuer through such date.

Footnote F5

Includes 50,000 restricted shares of Class B common stock with time-based vesting criteria granted under the Restricted Stock Plan that vest as a single tranche on September 30, 2030, subject to the reporting person's continued service with the Issuer through such date.

Footnote F6

The reported shares are owned directly by the Ned N. Fleming, IV 2013 Trust (the "Trust") and indirectly by Ned N. Fleming, IV as trustee of the Trust. Each of the Trust and Ned N. Fleming, IV are members of a 10% owner group of the Issuer.

Footnote F7

Each restricted stock unit ("RSU") represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date. The RSUs do not expire.

Footnote F8

Includes 1,360 cash-settled RSUs with time-based vesting criteria previously granted under the Incentive Plan that vest as follows, in each case, subject to the reporting person's continued service with the Issuer through the applicable vesting date: (i) 554 RSUs on September 30, 2026, (ii) 556 RSUs on September 30, 2027, and (iii) 250 RSUs on September 30, 2028.