UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~August~~September 2610, 2020

THE GOLDFIELD CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-7525

88-0031580

(State or other jurisdiction of

incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

1684 West Hibiscus Blvd.

Melbourne, FL

32901

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code (321) 724-1700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.10 per share

NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Item 58.0201. ~~Departure~~Other ~~of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Events.

On ~~August~~September 2610, 2020, ~~John H. Sottile,~~ the ~~President~~Board ~~and~~of ~~Chief~~Directors ~~Executive~~(the ~~Officer~~“Board”) of The Goldfield Corporation (the “Company”), ~~passed~~approved ~~away.~~an Asextension ~~previously~~of ~~announced~~the Company’s Stock Repurchase Plan (the “Plan”), originally adopted on ~~August~~September 517, 2002. The Company’s Board has extended the Plan from September 30, 2020 until September 30, 2021. The Plan authorizes the ~~Board~~repurchase of ~~Directors~~up to 6,000,000 shares. As of September 10, 2020, the Company ~~appointed~~had ~~Stephen~~repurchased R.3,273,880 ~~Wherry~~shares of common stock pursuant to the Plan, ~~Chief~~at ~~Financial~~an ~~Officer~~average cost of ~~the~~$1.05 ~~Company~~per share, and ~~Jason~~is M.authorized ~~Spivey~~to purchase an additional 2,726,120 ~~President~~shares pursuant to the Plan. As of September 10, 2020, the Company’s ~~electrical~~had ~~construction~~24,522,534 ~~subsidiary~~shares ~~Power~~and ~~Corporation~~230,000 ofrestricted ~~America,~~stock tounits ~~the~~outstanding. ~~positions~~Further ofinformation ~~Acting~~regarding ~~Co-Chief~~this ~~Executive~~stock ~~Officers~~repurchase ofplan is set forth under Item 5 in the Company.’s ~~They~~Annual ~~will~~Report ~~continue~~on toForm ~~serve~~10-K infor ~~those~~the ~~positions~~year ended December 31, 2019.

A copy of the press release announcing the passing of Mr. Sottile is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

Exhibit		Description of Exhibit
99.1		Press release dated August 26, 2020.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: ~~August~~September 2614, 2020

	THE GOLDFIELD CORPORATION

	By:		/s/ STEPHEN R. WHERRY
			Stephen R. Wherry
			Acting Co-Chief Executive Officer (Co-Principal Executive Officer) Senior Vice President, Chief Financial Officer (Principal Financial and Accounting Officer), Treasurer and Assistant Secretary

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