Gregory A. Hoffman, SVP and Chief Financial Officer of Construction Partners, Inc. (NASDAQ: ROAD), filed a Form 4 on August 10, 2026, disclosing a grant of 50,000 restricted shares of Class B common stock and reporting current beneficial ownership positions in both Class A and Class B common stock as of August 6, 2026.

Key Highlights

  • Restricted stock grant: Hoffman received 50,000 restricted shares of Class B common stock on August 6, 2026, at $0 price, under the Construction Partners, Inc. 2024 Restricted Stock Plan.
  • Single-tranche vesting: The 50,000 Class B restricted shares vest as a single tranche on September 30, 2030, subject to continued service through that date.
  • Class A beneficial ownership: Following the reported transaction, Hoffman beneficially owns 40,217 shares of Class A common stock, including 7,043 restricted shares with time-based vesting.
  • Class B beneficial ownership: Hoffman beneficially owns 70,621 shares of Class B common stock, including the 50,000 newly granted restricted shares.
  • Class B conversion feature: Each share of Class B common stock is convertible into one share of Class A common stock at any time at the holder's option or upon transfer, per the filing.
  • Voting rights: According to the filing, Class B common stock carries 10 votes per share, while Class A common stock carries one vote per share, with both classes voting as a single class.

Construction Partners CFO Hoffman's Restricted Stock Grant and Ownership Positions

According to the Form 4 filing, Gregory A. Hoffman, serving as SVP and Chief Financial Officer of Construction Partners, Inc., reported a transaction dated August 6, 2026, involving a grant of 50,000 restricted shares of Class B common stock under the Construction Partners, Inc. 2024 Restricted Stock Plan. The filing states the shares were acquired at a price of $0 and are subject to time-based vesting criteria, vesting as a single tranche on September 30, 2030, contingent on Hoffman's continued service with the issuer through that date.

The filing also discloses Hoffman's post-transaction beneficial ownership of 40,217 shares of Class A common stock, which the filing notes includes 7,043 restricted shares previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan. Those restricted Class A shares vest across four tranches: 3,150 shares on September 30, 2026; 2,270 shares on September 30, 2027; 1,145 shares on September 30, 2028; and 478 shares on September 30, 2029, each subject to continued service through the applicable vesting date. The filing states Hoffman holds sole voting power over these reported shares.

For Class B common stock, the filing reports Hoffman's post-transaction beneficial ownership of 70,621 shares, which includes the 50,000 newly granted restricted shares. The filing describes Class B common stock as convertible into Class A shares on a one-for-one basis at the holder's option or upon transfer, with certain exceptions set forth in the issuer's amended and restated certificate of incorporation. The filing further notes that all outstanding Class B shares may be converted upon election by holders of a majority of then-outstanding Class B shares, and that Class B shares do not expire.

What Was Disclosed

The filing reported a grant of 50,000 restricted Class B common stock shares to Construction Partners' CFO on August 6, 2026, vesting in 2030, along with updated beneficial ownership figures of 40,217 Class A shares and 70,621 Class B shares.