WOOLSEY STACI M 4
4 · GRANITE CONSTRUCTION INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Granite (GVA) CFO Staci Woolsey Receives Awards; Shares Surrendered for Taxes
What Happened
CFO Staci M. Woolsey received three stock-unit awards on March 13, 2026 totaling 10,373 units (1,656 + 2,645 + 6,072) granted at $0.00. Following vesting on March 14, 2026, 1,021 shares were surrendered to cover tax withholding (330, 316 and 375 shares) at $120.73 per share, for a total withholding value of $123,266.
Key Details
- Transaction dates: awards granted 2026-03-13; shares surrendered for taxes 2026-03-14. Filing date: 2026-03-17 (period of report 2026-03-13).
- Grant details: 10,373 stock units granted at $0.00 (codes A — award/acquisition).
- Withholding details: 1,021 shares disposed (code F — payment of exercise price or tax liability) at $120.73 each; proceeds/withholding total $123,266 (breakdowns: $39,841; $38,151; $45,274).
- Shares owned after the transactions: Not reported in the excerpt provided.
- Relevant footnotes:
- F1: Some units are under the 2024 Equity Incentive Plan and vest in three equal annual installments.
- F2: Total includes dividend equivalents credited since the last report.
- F3: Some units under the 2021 Plan vest 100% ten days after grant.
- F4–F6: The surrendered shares correspond to tax withholding for vesting of grants with initial grant dates 3/14/23, 3/14/24 and 3/14/25.
Context
These transactions are awards and routine tax withholding on vesting (not open-market sales or purchases). The grants are equity awards that will vest per the noted schedules; the surrendered shares represent a common net-settlement to satisfy tax obligations upon vesting, not a discretionary sale for cash.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-13+1,656→ 12,781 total - Award
Common Stock
[F3]2026-03-13+2,645→ 15,426 total - Award
Common Stock
[F3]2026-03-13+6,072→ 21,498 total - Tax Payment
Common Stock
[F4]2026-03-14$120.73/sh−330$39,841→ 21,168 total - Tax Payment
Common Stock
[F5]2026-03-14$120.73/sh−316$38,151→ 20,852 total - Tax Payment
Common Stock
[F6]2026-03-14$120.73/sh−375$45,274→ 20,477 total
Footnotes (6)
- [F1]Stock units granted pursuant to the Granite Construction Incorporated 2024 Equity Incentive Plan. 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: 5 - 1/15/26) credited to the Reporting Person under the dividend reinvestment feature of the Granite Construction Incorporated's equity plans since the Reporting Person's last report.
- [F3]Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan. The stock units vest 100% ten days after the date of grant.
- [F4]Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/23).
- [F5]Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/24).
- [F6]Shares surrendered for taxes due to vesting on March 14, 2026 (initial grant date 3/14/25).