InsiderTrades

Form 4 for ROAD Construction Partners, Inc.

Accepted 2025-04-15 00:00:00 ET · period of report 2025-04-14 · accession 0001718227-25-000053 · 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
DMI 2025-04-15 2025-04-14 ROAD Smith Fred Julius III Pres, CEO, Dir P - Purchase $73.83 +9,333 9,333 New +$689.1K
D 2025-04-15 2025-04-14 ROAD Smith Fred Julius III Pres, CEO, Dir J - Other $0.00 -43.1K 66.9K -39% $0
DI 2025-04-15 2025-04-14 ROAD Smith Fred Julius III Pres, CEO, Dir P - Purchase $73.83 +5,990 140.6K +4% +$442.2K
D 2025-04-15 2025-04-14 ROAD Smith Fred Julius III Pres, CEO, Dir J - Other $0.00 +43.1K 424.4K +11% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Class A Common Stock 2025-04-14 P A 6,000 $73.83 6,000 I By Tar Frog Investment Management LLC — — (F2) The reported shares are held by a limited liability company for which the reporting person serves as co-manager, and, in such capacity, shares the power to vote and direct the disposition of the shares.
2 Common Class A Common Stock 2025-04-14 P A 3,333 $73.83 9,333 I By Tar Frog Investment Management LLC — — (F2) The reported shares are held by a limited liability company for which the reporting person serves as co-manager, and, in such capacity, shares the power to vote and direct the disposition of the shares.
3 Common Class A Common Stock 2025-04-14 J D 43,104 $0.00 66,926 D — — (F3) The reported transaction represents a privately negotiated exchange of shares of Class A common stock for an equal number of shares of Class B common stock, $0.001 par value, of the Issuer ("Class B common stock") with a holder of Class B common stock. Under Section 16(b) of the Securities Exchange Act of 1934, as amended, the purchase transactions reported herein are matchable with the exchange transaction reported herein. Because there was no sale price associated with the share exchange, no profit was realized by the reporting person. The reporting person has agreed to voluntarily disgorge to the Issuer any profits realized from matchable transactions occurring within six months of the transactions reported herein. (F4) Includes 66,926 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 57,189 shares on September 30, 2025, (ii) 5,273 shares on September 30, 2026, (iii) 3,151 shares on September 30, 2027, and (iv) 1,313 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.
4 Derivative Class B Common Stock 2025-04-14 P A 5,990 $73.83 140,572 I By Tar Frog Investment Management LLC — · — to — 5,990 Class A Common Stock (F2) The reported shares are held by a limited liability company for which the reporting person serves as co-manager, and, in such capacity, shares the power to vote and direct the disposition of the shares. (F5) Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.
5 Derivative Class B Common Stock 2025-04-14 J A 43,104 $0.00 424,388 D — · — to — 43,104 Class A Common Stock (F3) The reported transaction represents a privately negotiated exchange of shares of Class A common stock for an equal number of shares of Class B common stock, $0.001 par value, of the Issuer ("Class B common stock") with a holder of Class B common stock. Under Section 16(b) of the Securities Exchange Act of 1934, as amended, the purchase transactions reported herein are matchable with the exchange transaction reported herein. Because there was no sale price associated with the share exchange, no profit was realized by the reporting person. The reporting person has agreed to voluntarily disgorge to the Issuer any profits realized from matchable transactions occurring within six months of the transactions reported herein. (F5) Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.