Robert P. Flowers - 14 Apr 2025 Form 4 Insider Report for Construction Partners, Inc. (ROAD)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Apr 2025, 17:23:52 UTC
Prior SEC filing
06 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Robert P. Flowers

Key filing fact

Robert P. Flowers filed Form 4 for Construction Partners, Inc. (ROAD) on 15 Apr 2025.

Key facts

  • This page summarizes Robert P. Flowers's Form 4 filing for Construction Partners, Inc. (ROAD).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 15 Apr 2025, 17:23.

Change

  • Previous filing in this sequence was filed on 06 Mar 2025.
  • Current net transaction value: -$688,317.

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

Reported non-derivative transactions

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

ROAD transaction

Class A Common Stock

Sale

Transaction value
$246,075
Shares
-3,333
Change %
-6.7%
Price
$73.83
Shares after
46,601
Date
14 Apr 2025
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

ROAD transaction Derivative

Class B Common Stock

Sale

Transaction value
$442,242
Shares
-5,990
Change %
-100%
Price
$73.83
Shares after
0
Date
14 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,990
Exercise price
Footnotes
F3, F4
ROAD holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,379
Date
14 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,379
Exercise price
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The reported transaction represents a privately negotiated sale of shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer").

Footnote F2

Includes 31,949 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) 28,280 shares on September 30, 2025, (ii) 2,178 shares on September 30, 2026, (iii) 976 shares on September 30, 2027, and (iv) 515 shares on September 30, 2028. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to 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 privately negotiated sale of shares of Class B common stock to another holder of Class B common stock.

Footnote F5

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 F6

Includes 1,379 RSUs with time-based vesting criteria previously granted under the Plan that vest as follows: (i) 459 RSUs on September 30, 2025, (ii) 459 RSUs on September 30, 2026, and (iii) 461 RSUs on September 30, 2027.

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