Kyle T. Larkin - Mar 14, 2025 Form 4 Insider Report for GRANITE CONSTRUCTION INC (GVA)

Signature
/s/ Betty Kwong, attorney-in-fact for Kyle T. Larkin
Stock symbol
GVA
Transactions as of
Mar 14, 2025
Transactions value $
-$650,751
Form type
4
Date filed
3/18/2025, 04:17 PM
Previous filing
Nov 5, 2024
Next filing
Mar 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVA Common Stock Award $0 +12.2K +12.92% $0.00 106K Mar 14, 2025 Direct F1, F2
transaction GVA Common Stock Award $0 +26.4K +24.85% $0.00 133K Mar 14, 2025 Direct F3
transaction GVA Common Stock Award $0 +58.4K +44.06% $0.00 191K Mar 14, 2025 Direct F4
transaction GVA Common Stock Tax liability -$246K -3.32K -1.74% $74.05 188K Mar 14, 2025 Direct F5
transaction GVA Common Stock Tax liability -$219K -2.96K -1.58% $74.05 185K Mar 14, 2025 Direct F6
transaction GVA Common Stock Tax liability -$186K -2.51K -1.36% $74.05 182K Mar 14, 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.
F2 Total adjusted to include dividend equivalents (DEUs: 48 - 1/15/25) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report.
F3 The stock units vest 100% ten days after the date of grant.
F4 The stock units vest 100% ten days after the date of grant.
F5 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/22).
F6 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/23).
F7 Shares surrendered for taxes due to vesting on March 14, 2025 (initial grant date 3/14/24).