Staci M. Woolsey, the chief financial officer of Granite Construction Inc (NYSE:GVA), completed an automatic sale of 3,501 shares of the company’s common stock on March 27, 2026. The shares were sold at $118.58 apiece, producing total gross proceeds of $415,148.
The transaction was carried out pursuant to a pre-established Rule 10b5-1 trading plan that Woolsey adopted on December 10, 2025. After the sale, Woolsey holds 11,017 shares of Granite Construction directly.
At the time of the sale the stock was trading at $116.49, having appreciated roughly 56% over the prior 12 months. According to InvestingPro analysis referenced in company reporting, Granite’s shares trade slightly above an InvestingPro Fair Value estimate of $115.32. The InvestingPro note also indicates there are eight additional ProTips available for investors assessing the company’s outlook.
Recent company performance and contract win
Granite Construction reported a robust fourth quarter for 2025 that outperformed analyst expectations. The company posted earnings per share of $1.40, versus a consensus projection of $1.13 - a 23.89% positive surprise. Revenue for the quarter totaled $1.2 billion, topping the forecasted $1.14 billion by 5.26%.
In a separate operational development, Granite was awarded a $495 million contract by U.S. Customs and Border Protection for the LRT-4 Webb-Zapata project near Laredo, Texas. Management stated the contract will be incorporated into the company’s first-quarter 2026 capital allocation plan.
Context and takeaways
The insider sale was executed under a Rule 10b5-1 plan, indicating it was automatic and pre-arranged rather than a discretionary trade. The company’s recent quarter exceeded expectations on both EPS and revenue, and the sizeable federal contract represents a material award that will be reflected in the firm’s upcoming capital allocation decisions.