Form 4 for ROAD Construction Partners, Inc.
Accepted 2025-03-06 00:00:00 ET · period of report 2025-03-04 · accession 0001718227-25-000032 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-06 | 2025-03-04 | ROAD | Fleming Ned N. IV | Member of 10% owner group | A - Grant | $0.00 | +1,000 | 41.2K | +2% | $0 |
| D | 2025-03-06 | 2025-03-04 | ROAD | Fleming Ned N. IV | Member of 10% owner group | A - Grant | $0.00 | +1,000 | 1,914 | +109% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-03-04 | A | A | 1,000 | $0.00 | 41,201 | D | — | — | (F1) The reported transaction represents a grant of restricted shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") with time-based vesting criteria under the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2025, 2026, 2027 and 2028. Under the terms of the award agreement, the reporting person has sole voting power with respect to the shares. (F2) Includes 16,349 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 14,316 shares on September 30, 2025, (ii) 1,227 shares on September 30, 2026, (iii) 556 shares on September 30, 2027, and (iv) 250 shares on September 30, 2028. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the shares. |
| 2 | Derivative | Restricted Stock Units | 2025-03-04 | A | A | 1,000 | $0.00 | 1,914 | D | — · — to — | 1,000 Class A Common Stock | (F4) The reported transaction represents a grant of cash-settled restricted stock units with time-based vesting criteria ("RSUs") under the Plan. The RSUs subject to the reported award vest in one-fourth installments on September 30, 2025, 2026, 2027 and 2028. (F5) Includes 1,914 RSUs with time-based vesting criteria granted under the Plan that vest as follows: (i) 554 RSUs on September 30, 2025, (ii) 554 RSUs on September 30, 2026, (iii) 556 RSUs on September 30, 2027, and (iv) 250 RSUs on September 30, 2028. (F3) Each RSU represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date. The RSUs do not expire. |