Form 4 for ROAD Construction Partners, Inc.

Accepted 2024-11-20 00:00:00 ET · period of report 2024-11-19 · accession 0001718227-24-000093 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2024-11-20	2024-11-15	ROAD	Smith Fred Julius III	Pres, CEO, Dir	F - Tax	$90.93	-9,944	96.3K	-9%	-$904.2K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2024-11-15	F	D	9,944	$90.93	96,279	D	—	—	(F1) The reported transaction represents the surrender by the reporting person of shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") to the Issuer to satisfy tax withholding obligations upon the vesting of restricted shares of Class A common stock previously awarded to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Incentive Plan"). Pursuant to the terms of the Incentive Plan and the applicable award agreements, the number of shares surrendered was determined using a value of $90.93 per share, the closing price for a share of Class A common stock on November 6, 2024, the vesting date. (F2) Includes 61,674 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Incentive Plan that vest as follows: (i) 55,876 shares on September 30, 2025, (ii) 3,960 shares on September 30, 2026, and (iii) 1,838 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.