CEO Larkin sells 38.7K shares (27.3% of holdings) for $4.5M at blended avg $117.61; stock down 14.5% from 52-week high
Larkin Kyle T, President & CEO of Granite Construction, executed 7 separate sales totaling 38,675 shares for $4,548,597.76 across March 27 and March 30, 2026, reducing holdings from 141,532 shares to 102,857 shares. The reduction of 27.3% of his pre-transaction holdings represents a material disposition. The sales occurred at a blended average price of $117.61, while the current stock price stands at $116.49, down 14.5% from the 52-week high of $136.19 and down 13.4% over the trailing 30 days. In the same-ticker context, Larkin's prior four measurable sales at GVA (April and May 2025) all posted positive 90-day returns ranging from 16.1% to 19.4%, yet generated no instances of well-timed sells (0 of 4 achieved negative 90-day returns). The current selling pattern occurs against a backdrop of recent price weakness and comes after a series of prior transactions that, while executed ahead of gains, generated results unfavorable to sell-timing metrics at this ticker.