Filing Details

Accession Number:
0001718227-24-000111
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-11 17:27:44
Reporting Period:
2024-12-09
Accepted Time:
2024-12-11 17:27:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1718227 Construction Partners Inc. ROAD Heavy Construction Other Than Bldg Const - Contractors (1600) 260758017
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1739211 E Charles Owens 290 Healthwest Drive
Suite 2
Dothan AL 36303
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-12-09 1,445 $98.75 128,846 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-09 680 $99.12 128,166 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-09 7,304 $101.16 120,862 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-09 288 $102.22 120,574 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-10 1,761 $99.14 118,813 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-11 15,738 $98.19 103,075 No 4 S Indirect By Grace, Ltd.
Class A Common Stock Disposition 2024-12-11 465 $99.12 102,610 No 4 S Indirect By Grace, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
No 4 S Indirect By Grace, Ltd.
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 1,000,000 1,000,000 Indirect
Class A Common Stock Class B Common Stock $0.00 7,069 7,069 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,000,000 1,000,000 Indirect
7,069 7,069 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.02 to $99.00, inclusive. The reporting person undertakes to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  2. The reported shares are held by Grace, Ltd., an Alabama limited partnership, for which the reporting person serves as general partner, and in such capacity holds the sole power to vote and direct the disposition of such shares.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.02 to $99.17, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.90, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.18 to $102.27, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.00 to $99.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.00 to $98.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.00 to $99.34, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  9. Each share of Class B common stock, $0.001 par value ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer (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.
  10. Includes 294 previously unreported shares of Class B common stock received by the reporting person in December 2024 in connection with a pro rata distribution of shares of Class B common stock for no consideration from a limited partnership in which the reporting person is a limited partner.