SVP Brian R Dowd sold 6,075 shares at blended $119.53 (2 sales) for $726,124.50, reducing holdings by 29.2% to 14,744 shares
Brian R Dowd, Senior Vice President at Granite Construction, executed 2 separate sales on 2026-03-27: sold 2,025 shares at $118.58 ($240,124.50) and 4,050 shares at $120.00 ($486,000.00), totaling 6,075 shares for $726,124.50 at a blended average price of $119.53. This sale reduced his holdings from 20,819 shares to 14,744 shares, a 29.2% reduction in his position. The sales occurred when the stock was trading near its 52-week high of $136.19 and are now 14.5% above the current price of $116.49, reflecting the stock's recent decline of 13.4% over the past 30 days. Given the company's solid fundamentals—$1.4B in latest quarterly revenue, +10.4% annual growth, and a 20.33 P/E ratio—the transaction appears discretionary rather than forced, though the filing provides no explicit FLAG indicating a pre-planned 10b5-1 plan.