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Granite Construction (GVA) director granted 1,036 stock units as equity pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Granite Construction Inc. director Molly Campbell received a grant of 1,036 restricted stock units at no cost. The award was made under the Granite Construction Incorporated 2024 Equity Incentive Plan and the units vest on May 20, 2027. Following this compensation-related acquisition and the crediting of dividend equivalents under the company’s equity plans, Campbell now directly holds a total of 13,375 shares/units of Granite Construction common stock.

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Insider CAMPBELL MOLLY
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,036 $0.00 --
Holdings After Transaction: Common Stock — 13,375 shares (Direct, null)
Footnotes (1)
  1. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027. Total adjusted to include dividend equivalents (DEUs: 5 - 10/15/25; 4 - 01/15/26; 4 - 04/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report.
RSU grant size 1,036 units Restricted stock units granted on June 8, 2026
Grant price $0.00 per share Equity award, no cash paid by director
Total holdings after grant 13,375 shares/units Direct ownership following reported transaction
Vesting date May 20, 2027 Restricted stock units vesting schedule
Dividend equivalents 10/15/25 5 units Credited under dividend reinvestment feature
Dividend equivalents 01/15/26 4 units Credited under dividend reinvestment feature
Dividend equivalents 04/15/26 4 units Credited under dividend reinvestment feature
Restricted stock units financial
"Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
dividend equivalents financial
"Total adjusted to include dividend equivalents (DEUs: 5 - 10/15/25; 4 - 01/15/26; 4 - 04/15/26) credited to the Reporting Person."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
dividend reinvestment feature financial
"credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans."
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CAMPBELL MOLLY
(Last)(First)(Middle)
585 WEST BEACH STREET
(Street)
WATSONVILLE CALIFORNIA 95076
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GRANITE CONSTRUCTION INC [ GVA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/08/2026A1,036(1)A$013,375(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. Restricted stock units vest on May 20, 2027.
2. Total adjusted to include dividend equivalents (DEUs: 5 - 10/15/25; 4 - 01/15/26; 4 - 04/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated equity plans since the Reporting Person's last report.
Remarks:
/s/ Betty Kwong, attorney-in-fact for Molly C. Campbell06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Granite Construction (GVA) director Molly Campbell report?

Molly Campbell reported an acquisition of 1,036 restricted stock units at no cost as a compensation award. The units were granted under Granite Construction Incorporated’s 2024 Equity Incentive Plan and increase her direct holdings of the company’s common stock.

When do Molly Campbell’s newly granted Granite Construction (GVA) restricted stock units vest?

The restricted stock units granted to Molly Campbell are scheduled to vest on May 20, 2027. Vesting means the units become fully earned and settle into shares according to the plan’s terms, aligning director compensation with Granite Construction’s long-term performance.

How many Granite Construction (GVA) shares or units does Molly Campbell hold after this Form 4 transaction?

After the reported grant and adjustments, Molly Campbell directly holds a total of 13,375 shares or units of Granite Construction common stock. This total includes dividend equivalents credited under the company’s equity plans since her prior ownership report.

Was Molly Campbell’s Granite Construction (GVA) Form 4 transaction an open-market stock purchase?

No, the Form 4 reflects a compensation-related grant, not an open-market stock purchase. The 1,036 restricted stock units were awarded at a price of $0.00 per share under Granite Construction’s 2024 Equity Incentive Plan as part of director equity compensation.

What are dividend equivalents mentioned in Molly Campbell’s Granite Construction (GVA) filing?

Dividend equivalents are additional units credited in lieu of cash dividends on unvested awards. Campbell’s holdings were adjusted for several small dividend equivalent credits under Granite Construction’s equity plans, which modestly increased her total reported share or unit balance over time.