{"filings":[{"id":1581036,"accession_number":"0000861459-26-000025","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-07-10T20:16:57+00:00","items":["7.01"],"status":"ready","headline":"Granite extends observation period for $273.3M convertible notes redemption due to market disruption","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Company called $273.3M of 3.75% Convertible Senior Notes due 2028 for redemption on August 10, 2026.","Market Disruption Event on July 9 and July 10, 2026 extends observation period through August 10, 2026.","Settlement of conversions expected on August 12, 2026; cash component up to $2,617.40 per $1,000 principal.","Holders may surrender notes for conversion until close of business on August 6, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":890437,"accession_number":"0000861459-26-000020","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-06-05T21:03:49+00:00","items":["5.07"],"status":"ready","headline":"Granite Construction shareholders re-elect directors; approve say-on-pay, auditor ratification","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All three director nominees elected with >34.7M votes each: Carlos Hernandez, Kyle Larkin, Celeste Mastin.","Advisory vote on executive compensation approved: 36.5M for, 324.9K against, 57.9K abstain.","PricewaterhouseCoopers LLP ratified as auditor for FY 2026: 38.4M for, 1.1M against, 108.3K abstain.","Annual meeting held June 4, 2026; 39,613,581 shares (90.55%) represented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":806319,"accession_number":"0001437749-26-019166","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-06-02T20:17:31+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Granite issues $600M 6.375% notes due 2034; redeems $273.7M convertibles, expects ~$500M derivative charge","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $600M 6.375% senior notes due 2034; net proceeds ~$590M to redeem all outstanding 3.75% convertible notes due 2028 ($273.7M).","Called 2028 Notes for redemption Aug 10, 2026; elected cash-settlement conversion to limit dilution, triggering derivative bifurcation under ASC 815.","Estimated derivative liability ~$500M as non-cash charge in Q2/Q3 2026; company to exclude from non-GAAP; 2026 adjusted EBITDA guidance unchanged.","Notes are senior unsecured, guaranteed by certain domestic subsidiaries; redeemable at make-whole premium prior to June 2029.","Remainder of net proceeds to repay revolver borrowings and for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":507930,"accession_number":"0001437749-26-017652","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-05-18T21:37:52+00:00","items":["7.01","9.01"],"status":"ready","headline":"Granite Construction prices $600M of 6.375% senior notes due 2034 to refinance convertible notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$600M aggregate principal, 6.375% senior notes due 2034; closing expected June 2, 2026.","Proceeds to redeem all outstanding 3.75% convertible senior notes due 2028 (est. market value ~$827.3M).","Capped call transactions from the 2028 notes will be unwound, providing additional cash proceeds.","Remaining net proceeds may repay revolver borrowings and be used for general corporate purposes.","Notes offered privately to QIBs under Rule 144A and offshore under Regulation S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":482916,"accession_number":"0001437749-26-017523","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-05-18T12:40:44+00:00","items":["7.01","9.01"],"status":"ready","headline":"Granite Construction announces $600M senior notes offering to refinance convertible notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering $600M in senior notes due 2034 in a private placement to redeem all outstanding 3.75% Convertible Senior Notes due 2028.","Estimated market value of 2028 Notes is $827.3M based on GVA closing price of $138.55 on May 15, 2026.","Expects to receive ~$160M from unwinding capped call transactions entered with the 2028 Notes.","Net proceeds plus cash on hand and capped call unwind cash to fund redemption; any remaining may repay revolver.","Notes will be guaranteed by certain domestic subsidiaries; offering only to QIBs and non-U.S. persons."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99258,"accession_number":"0000861459-26-000016","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q1 revenue up 30% to $912M, raises FY guidance, acquires Kenny Seng Construction","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $912M (+30% YoY); adjusted EPS $0.26 vs $0.01; adjusted EBITDA $58M (+106%)","GAAP net loss $42M ($0.96/share) vs $34M loss YoY; adjusted net income $12M ($0.26/share)","CAP hits record $7.2B (+$200M sequentially); includes $640M of CBP tactical infrastructure work","Acquired Kenny Seng Construction on Apr 23, 2026, expanding vertical integration in Utah home market","Raised FY2026 rev guidance to $5.2B-$5.4B (from $4.9B-$5.1B); adj EBITDA margin 12.25%-13.25% (from 12.0%-13.0%)"],"consensus_eps_estimate":null,"consensus_eps_actual":-0.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":912465000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115138,"accession_number":"0000861459-26-000006","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["1.01","1.02","3.02","9.01"],"status":"ready","headline":"Granite Construction to exchange $100M of 3.75% convertible notes for cash and potential stock","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchanged $100M aggregate principal of 3.75% Convertible Senior Notes due 2028 for cash and possible stock.","Consideration approx $283M in cash if VWAP at $128.61; stock portion activates if VWAP > $140.","After exchange, $273.75M of notes remain outstanding; diluted share count reduced by ~2.2M shares.","Entered partial unwind agreements with capped call counterparties related to exchanged notes.","Measurement period starts Feb 18, 2026; closing expected after 15 trading days subject to conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115136,"accession_number":"0000861459-26-000008","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K/A","filed_at":"2026-02-18T23:59:59+00:00","items":["1.03","1.02","1.01","3.02","9.01"],"status":"ready","headline":"Granite Construction exchanges $100M of convertible notes for cash/stock; expected to remove ~2.2M diluted shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange of $100M aggregate principal of 3.75% Convertible Senior Notes due 2028 for cash/stock consideration based on 15-day VWAP.","Total consideration ~$283M at $128.61 stock price; paid fully in cash if VWAP below $140.00.","After closing, $273.75M of notes remain outstanding; diluted share count reduced by ~2.2M shares.","Entered partial unwind agreements with capped call counterparties in connection with the exchange.","Any stock issued relies on Section 4(a)(2) exemption; closing subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115137,"accession_number":"0000861459-26-000002","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction posts record CAP of $7.0B, FY revenue up 10% to $4.4B, net income +53%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $1.2B (+19% YoY); FY revenue $4.4B (+10% YoY).","Q4 diluted EPS $1.03, adjusted EPS $1.40; FY diluted EPS $3.86, adjusted EPS $6.07 (+47% and +26% YoY).","CAP record $7.0B, up 32% YoY, driven by strong public project awards.","Materials segment FY revenue $769M (+30% YoY), gross profit $137M (+68% YoY).","FY25 operating cash flow $469M (10.6% of revenue). 2026 guidance: revenue $4.9B-$5.1B, adj. EBITDA margin 12%-13%."],"consensus_eps_estimate":null,"consensus_eps_actual":3.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":4424379000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131548,"accession_number":"0000861459-25-000051","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q3 net income up 30% to $103M; raises adjusted EBITDA margin guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $1.43B (+12% YoY); diluted EPS $1.98 (+26%); adjusted diluted EPS $2.70 (+32%).","Record committed and awarded projects (CAP) $6.3B, up $273M sequentially; Materials gross profit margin 25.2%.","FY2025 adjusted EBITDA margin guidance raised to 11.50%-12.50%; revenue narrowed to $4.35-4.45B.","Acquired Cinderlite to strengthen Nevada operations; YTD operating cash flow $290M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":3259009000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148121,"accession_number":"0000861459-25-000043","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Granite Construction appoints J. Timothy Romer to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["J. Timothy Romer appointed to Board effective September 8, 2025, term expiring at 2028 Annual Meeting.","Romer will serve on Audit/Compliance and Risk Committees; Board determined independent.","Compensation consistent with other non-employee directors as described in proxy filed April 24, 2025.","Company will enter standard indemnification agreement with Romer; no arrangements or transactions requiring disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148120,"accession_number":"0000861459-25-000039","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q2 EPS $1.42 vs $0.76 YoY; raises 2025 guidance on acquisitions","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue up 4% to $1.13B; gross profit up 21% to $199M.","Diluted EPS $1.42 (GAAP), adjusted diluted EPS $1.93; net income $72M.","Record committed and awarded projects CAP $6.1B, up $324M sequentially.","Guides FY 2025 revenue $4.35–4.55B (incl. ~$150M from Warren Paving & Papich acquisitions); adjusted EBITDA margin 11.25–12.25%.","Construction segment gross margin improved to 16.4% from 14.7%; materials segment cash gross profit up 50% to $59M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":1825511000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148119,"accession_number":"0000861459-25-000037","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Granite Construction acquires Slats Lucas and Warren Paving for $540M, funded by $600M term loan","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired all equity of Slats Lucas (MS LLC) and Warren Paving (MS corp) for $540M, subject to customary closing adjustments.","Purchase financed with a new $600M senior secured term loan under a Fifth Amended and Restated Credit Agreement.","New credit facility includes a $600M revolver and up to $75M delayed-draw term loan; matures August 5, 2030.","Sellers include LMS of Hattiesburg, L.P., Steven M. Warren, and Melissa W. McGee; no material litigation disclosed.","Representation and warranty insurance policy obtained; Sellers' indemnification subject to escrow and limitations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148118,"accession_number":"0000861459-25-000032","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-07-07T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Granite Construction COO James Radich retires; consulting agreement through Oct 2025 at $250/hr","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James Radich retired as EVP/COO effective July 4, 2025; no successor announced.","Severance includes 18 months COBRA premium lump sum, plus accrued pay and vested LTIP/AIP benefits.","Consulting agreement from July 4 to Oct 31, 2025, at $250/hour; may extend by mutual agreement.","Agreement includes 12-month non-solicit of employees and non-disparagement clauses."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166875,"accession_number":"0000861459-25-000025","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Granite Construction stockholders elect Krusi and Caldera as directors, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Quorum of 37,985,863 shares (86.84% outstanding) present at June 5, 2025 annual meeting.","Alan P. Krusi elected with 34,585,788 votes for; Louis E. Caldera with 33,187,402 votes for.","Advisory vote on named executive officer compensation approved: 33,391,975 for, 1,755,527 against.","Ratification of PricewaterhouseCoopers as auditor for FY2025: 36,967,760 for, 995,306 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166874,"accession_number":"0000861459-25-000023","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Granite Construction COO James Radich to retire on July 4, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James A. Radich notified Granite Construction of his retirement as EVP and COO, effective July 4, 2025.","Radich's departure was reported on May 16, 2025, via an SEC Form 8-K filing.","Granite Construction's ticker symbol is GVA on the New York Stock Exchange."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166873,"accession_number":"0000861459-25-000019","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q1 revenue +4% to $700M, adjusted EPS $0.01, record CAP $5.7B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $700M (+4% YoY); net loss $(0.77)/share vs $(0.70) loss prior year.","Adjusted diluted EPS $0.01 vs $(0.21) loss; adjusted EBITDA $28M vs $14M.","Record CAP $5.7B (+$444M sequentially); Construction gross margin 13.9%.","FY2025 guidance reaffirmed: revenue $4.2-4.4B, adj. EBITDA margin 11-12%.","SG&A $116M (16.6% revenue) up $28M YoY, driven by $18M higher stock-based comp."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":699547000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184277,"accession_number":"0000861459-25-000009","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["1.04"],"status":"ready","headline":"Granite Construction receives MSHA imminent danger order at Ukiah facility; no injury","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["MSHA issued Section 107(a) imminent danger order on March 3, 2025 at Highway 175 facility in Ukiah, CA.","Order cited a miner working on a five-foot ladder without fall protection; employee returned to ground.","Order was terminated immediately; no accident or injury occurred.","Company states condition did not adversely impact mine operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184276,"accession_number":"0000861459-25-000004","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q4 EPS $0.84 ($1.23 adj); FY rev $4.0B; guides 2025 rev $4.2-4.4B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $977M (+5% YoY); FY revenue $4.0B (+14% YoY); record operating cash flow $456M.","Q4 diluted EPS $0.84; adjusted diluted EPS $1.23. FY diluted EPS $2.62; adjusted $4.82.","Construction segment gross margin improved to 14.4% (FY) from 10.9% prior year on better project execution.","Committed & Awarded Projects (CAP) $5.3B; bidding activity robust with significant awards expected H1 2025.","FY2025 guidance: revenue $4.2-4.4B, adj EBITDA margin 11-12%, capex $140-160M including ~$50M strategic materials."],"consensus_eps_estimate":null,"consensus_eps_actual":2.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":4007574000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200873,"accession_number":"0000861459-24-000043","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q3 revenue up 14% to $1.3B; adjusted EPS $2.05 vs $1.72; guides adj. EBITDA margin 10-11%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net income of $79M ($1.57 diluted EPS); adjusted net income $91M ($2.05 adjusted EPS).","Record Committed and Awarded Projects (CAP) of $5.6B, up $44M sequentially.","Acquired Dickerson & Bowen, Inc. to expand southeast home market; bolt-on M&A strategy continues.","Updated 2024 guidance: adjusted EBITDA margin narrowed to 10-11% (prior 9.5-11.5%); SG&A now 8.3-8.5% due to incentive comp.","Year-to-date operating cash flow increased $249M YoY; revenue range unchanged $3.9-4.0B."],"consensus_eps_estimate":null,"consensus_eps_actual":1.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":3030271000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216868,"accession_number":"0000861459-24-000037","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-09-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Granite Construction names new CFO; prior CFO Lisa Curtis transitions to Senior Financial Advisor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lisa Curtis resigned as EVP & CFO effective Sept 16, 2024; will serve as Senior Financial Advisor through March 31, 2025.","Michele Woolsey appointed EVP & CFO effective Sept 16, 2024, with $500K base salary, $350K target annual incentive (prorated for 2024), and 130% LTIP target.","Woolsey receives $100K time-based RSU grant vesting ratably over 3 years; vehicle allowance $1K/month.","Curtis to receive base salary through March 31, 2025, full 2024 annual bonus (based on actual results), and pro-rated LTIP cash payouts for 2023-2025 and 2024-2026 cycles.","Woolsey covered by Executive Retention and Severance Plan III with 2x severance multiple upon qualifying termination within 2 years after change in control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216867,"accession_number":"0000861459-24-000033","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q2 net income $37M, adjusted EPS $1.73; to acquire Dickerson & Bowen","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $1.1B (+20% YoY); diluted EPS $0.76 vs $(0.39) loss prior year.","Adjusted diluted EPS $1.73 vs $1.06; adjusted EBITDA $130M vs $81M.","CAP $5.6B (+$77M sequentially); revenue guidance narrowed to $3.9B-$4.0B.","Agreed to acquire Dickerson & Bowen (MS aggregates/asphalt); expected Q3 close.","Acquisition adds 4 asphalt plants and 3 sand/gravel pits, expanding SE footprint."],"consensus_eps_estimate":null,"consensus_eps_actual":0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":1754761000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236606,"accession_number":"0001437749-24-020086","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-06-12T23:59:59+00:00","items":["1.01","1.02","2.03","3.02","9.01"],"status":"ready","headline":"Granite Construction issues $373.75M of 3.25% convertible notes due 2030; repurchases $30.2M of 2024 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Net proceeds ~$365M; $46M used for capped call hedges, $57.6M to repurchase $30.2M of existing 2.75% 2024 notes.","Initial conversion price ~$77.88/share (30% premium to $59.91 close); cap price $119.82 (100% premium).","Interest rate 3.25% p.a., payable semiannually; maturity June 15, 2030; callable after June 21, 2027.","Remaining 2024 notes after repurchase ~$1.1M principal; remainder of proceeds for term loan repayment and general purposes.","Capped call transactions with Bank of America, Mizuho, Morgan Stanley, Nomura to offset potential dilution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236605,"accession_number":"0001437749-24-019673","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Granite Construction prices $325M 3.25% convertible notes due 2030; conversion premium ~30%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$325M aggregate principal of 3.25% convertible senior notes due 2030, plus $48.75M option for initial purchasers.","Initial conversion price ~$77.88/share, a ~30% premium to June 6 closing price of $59.91.","Net proceeds ~$316.6M; $40M for capped call, $57.6M to repurchase $30.2M of existing 2.75% 2024 notes.","Concurrent repurchase of up to $15M of common stock in privately negotiated transactions.","Closing expected June 11, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236604,"accession_number":"0000861459-24-000026","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Granite Construction shareholders elect directors, approve 2024 equity plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Carlos Hernandez appointed to board effective June 5, 2024; serves on Nominating/Corporate Governance and Risk Committees.","Stockholders approved 2024 Equity Incentive Plan: 34.6M for, 1.1M against (34,637,671 to 1,051,936).","Advisory vote on named executive officer compensation passed with 29.7M for (83% of votes cast).","Three director nominees elected for terms expiring 2027: Campbell (34.9M for), McNally (35.0M), Mullen (35.0M).","Stockholder proposal on I-80 South Quarry report defeated: 6.4M for, 29.0M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236603,"accession_number":"0000861459-24-000022","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Granite Construction CFO Lisa Curtis to retire Sept 16; Staci Woolsey named successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lisa Curtis to retire as EVP, CFO effective Sept 16, 2024; will stay as non-officer employee through March 31, 2025.","Board approved Staci Woolsey as EVP, CFO, effective Sept 16, 2024; Woolsey will continue as principal accounting officer.","Woolsey joined Granite in June 2021, served as Chief Accounting Officer since Jan 2022; previously VP/Controller at MDC Holdings and AECOM."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236602,"accession_number":"0000861459-24-000018","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q1 revenue up 20% to $672M; net loss widens to $(0.70) EPS; adjusted EBITDA guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $672M (+20% YoY); net loss $31M ($0.70 diluted loss) vs $23M loss ($0.53) a year ago.","Adjusted net loss $9M ($0.21 diluted loss) improved from $14M loss ($0.33) prior year.","Operating cash flow $24M, up $101M YoY; CAP $5.5B (+$395M YoY).","Guidance: revenue $3.8-4.0B; adjusted EBITDA margin raised to 9.5-11.5% (from 9.0-11.0%).","Reorganized operations to align leadership with construction and materials reportable segments."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":672275000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254240,"accession_number":"0000861459-24-000003","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q4 revenue up 18% to $934M; FY adj diluted EPS $3.14; 2024 revenue guidance $3.8-4.0B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 adjusted diluted EPS of $0.82, up from $0.56 YoY; GAAP EPS $0.55 vs $0.46.","FY 2023 GAAP net income $44M ($0.97 EPS) down from $83M ($1.70) due to $73M in legacy project charges (Tappan Zee, I-64).","Committed & Awarded Projects (CAP) rose 24% YoY to $5.5B; operating cash flow 5.2% of revenue.","2024 guidance: revenue $3.8-4.0B, adjusted EBITDA margin 9-11%, capex $130-150M including $50M strategic materials investments.","Acquired Lehman-Roberts & Memphis Stone & Gravel, adding 140M tons of reserves and expanding into Southeast."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":3509138000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271724,"accession_number":"0000861459-23-000029","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-12-05T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Granite acquires Lehman-Roberts and Memphis Stone & Gravel for $278M, expands into Memphis market","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $278M funded by new $150M term loan, revolver draw, and cash on hand.","2024 revenue target raised to $3.8-4.0B; adjusted EBITDA margin maintained at 9-11%.","Lehman-Roberts operates 7 asphalt plants; Memphis Stone has 3 mines with 57M tons proven/probable reserves.","Senior leadership led by Pat Nelson remains in place to manage the business.","Term loan matures June 2027, interest at SOFR plus 1.25-2.25% margin."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271723,"accession_number":"0000861459-23-000023","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q3 revenue up 11% to $1.1B; adjusted EPS $1.69 vs $1.28; CAP record $5.6B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $1.1B (+11% YoY); adjusted diluted EPS $1.69 vs $1.28 in prior year.","Record Committed & Awarded Projects (CAP) of $5.6B, up $1.5B YoY.","Construction segment gross margin improved to 14.5% from 11.0% in Q3 2022.","2023 guidance reaffirmed: revenue $3.35-3.45B, adjusted EBITDA margin 7.5-8.5%.","I-64 High Rise Bridge project reduced Q3 gross profit by $8M; final completion expected Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":2575440000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271722,"accession_number":"0000861459-23-000020","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-10-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Granite Construction adopts Clawback Policy for incentive-based compensation recovery","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopted Clawback Policy on Oct 10, 2023, effective for compensation received on/after Oct 2, 2023.","Policy mandates recovery of erroneously awarded incentive-based compensation from executive officers in case of accounting restatement.","Current Section 16 officers signed acknowledgment agreeing to be bound by the policy.","Applies to three-year lookback period; covers compensation based on financial reporting measures including stock price and TSR.","Company will not indemnify any executive officer against loss of erroneously awarded compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288572,"accession_number":"0000861459-23-000018","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-09-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Jeffrey J. Lyash resigns from Granite Construction board; board size reduced to nine","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey J. Lyash resigned from the Board effective September 14, 2023.","Board size reduced from ten to nine members following resignation.","No reason for resignation was disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288571,"accession_number":"0000861459-23-000014","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-07-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q2 net loss $17M on $51M bond charge; adjusted EPS $1.03 vs $0.76; CAP record $5.4B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 GAAP net loss $17M ($0.39 loss per share) included $51M non-cash bond charge and $12M litigation charge.","Adjusted net income $46M, adjusted diluted EPS $1.03 (vs $0.76); revenue up $50M to $899M.","Record CAP of $5.4B, up $1.2B YoY and $334M sequentially; California group led with $2.35B.","I-64 High Rise Bridge project reduced Q2 gross profit by $21M ($10M after non-controlling interest); completion expected early Q4.","FY 2023 guidance: revenue $3.35-3.45B, adj. EBITDA margin 7.5-8.5%, capex $100-120M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":1458620000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309123,"accession_number":"0000861459-23-000007","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-06-09T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Granite shareholders approve officer exculpation amendment, elect three directors at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved amendment to eliminate officer personal liability for monetary damages for breach of fiduciary duty; 31,957,311 for, 4,217,493 against.","Elected David C. Darnell, Kyle T. Larkin, and Celeste B. Mastin as directors for terms expiring at 2026 annual meeting.","Advisory vote on executive compensation approved with 35,767,661 for, 413,975 against; frequency set to every year.","Ratified appointment of PricewaterhouseCoopers LLP as independent auditor for fiscal 2023 with 38,638,958 for, 1,531,859 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309122,"accession_number":"0001437749-23-013989","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["1.01","1.02","2.03","3.02","9.01"],"status":"ready","headline":"Granite Construction closes $373.75M 3.75% convertible note offering due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$373.75M aggregate principal of 3.75% notes due 2028; net proceeds ~$364.4M after discounts.","Used $198.8M and 1.39M shares to exchange $198.7M of 2.75% 2024 notes; $31.3M remain outstanding.","Paid $53M for capped call transactions (cap price $79.83, 125% premium) to offset dilution on conversion.","Initial conversion price $46.12, a 30% premium to May 8 closing price of $35.48.","Remaining net proceeds to repay revolving credit facility and for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309121,"accession_number":"0001437749-23-013308","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-05-09T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Granite Construction issues $325M 3.75% convertible notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offered $325M principal of 3.75% convertible senior notes due 2028; initial conversion price $46.12 per share (30% premium).","Exchanged $198.7M of existing 2.75% 2024 notes for cash + ~1.39M shares; enters capped calls with cap price $79.83.","Net proceeds ~$316M ($363.6M if overallotment exercised); uses ~$46.1M for capped calls, $13.2M to unwind warrant transactions.","Remainder repays revolving credit facility and for general corporate purposes; credit agreement amended to permit the exchange.","Notes mature May 15, 2028; redeemable after May 20, 2026 if stock price ≥130% conversion price for specified period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309120,"accession_number":"0001437749-23-011988","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q1 net loss $23M; record backlog $5.1B; reaffirms FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $23M ($0.53 diluted EPS); adjusted diluted EPS loss of $0.41.","Revenue fell $94M to $560M, down 14% YoY; gross profit margin declined to 7.3% in Construction segment.","Record CAP (committed and awarded projects) of $5.1B, up $1.2B YoY; all regions contributed.","Weather disruptions impacted operations; two bolt-on materials acquisitions completed in Vancouver and Carson City.","Reaffirmed 2023 outlook: revenue $3.4-3.6B, adjusted EBITDA margin 7.5-9.0%, SG&A 8.0-8.5% of revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":560068000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309119,"accession_number":"0001437749-23-009764","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-04-07T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Granite Construction amends bylaws to enhance shareholder nomination procedures and adopt exclusive forum provisions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Enhanced disclosure and procedural requirements for shareholder director nominations, including certifications and Rule 14a-19 compliance.","Adopted Federal Forum Provision designating U.S. federal district courts as exclusive forum for Securities Act claims.","Adopted Delaware Forum Provision designating Delaware Court of Chancery as exclusive forum for state-law claims.","Updated provisions on adjournment, shareholder list, and resubmission thresholds to align with DGCL and SEC rules.","Made clarifying changes to lead director term and responsibilities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327882,"accession_number":"0001437749-23-005816","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-03-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Gaddi Vasquez to retire; not standing for reelection at Granite's 2023 meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gaddi Vasquez notified Granite Construction Board on March 3, 2023, of his retirement.","He will not seek reelection at the 2023 Annual Meeting; term ends at that meeting.","No replacement has been named for the board seat."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327881,"accession_number":"0001437749-23-003566","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2023-02-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction restates Q1-Q3 2022; reports FY2022 EPS $1.70, guides FY2023 rev $3.4-3.6B","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-reliance on Q1-Q3 2022 financials due to $12.3M deferred tax error from sale of trenchless business.","Expects to report material weakness in disclosure controls and procedures in 10-K.","FY2022 net income $83M ($1.70 diluted EPS); adjusted EPS $2.31; revenue $3.3B (down 6% YoY).","Committed & Awarded Projects (CAP) $4.5B; California group record $1.7B.","FY2023 guidance: revenue $3.4-3.6B, adjusted EBITDA margin 7.5%-9%, capex $100-120M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345553,"accession_number":"0001437749-22-024861","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q3 EPS $1.44, raises FY22 adjusted EBITDA margin guidance to 6%-7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $73M ($1.44 diluted EPS); adjusted diluted EPS $1.41, vs $0.93 prior year.","Revenue $1,010M (-$52M YoY); comparable revenue up $13M excluding divested Granite Inliner.","Construction segment gross margin ex-ORP improved to 14.8% (from 13.3% YoY); ORP loss $21M on $44M revenue.","CAP $4.08B; cash + marketable securities $317M, debt $288M (80% fixed rate).","FY22 adjusted EBITDA margin guidance raised to 6%-7% (from prior 5%-6% implied); expects 2023 mid-point at least 8%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":2514194000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345552,"accession_number":"0001437749-22-024655","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-10-25T23:59:59+00:00","items":["2.02"],"status":"ready","headline":"Granite reclassifies Water Resources & Mineral Services back to continuing ops, restates historical data","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Water Resources and Mineral Services businesses, previously held for sale, will now be reported in Mountain segment.","Inliner, sold March 16, 2022, also moved to continuing operations within Mountain segment.","Restated segment revenue and gross profit for each quarter of 2021-2022 and full years 2020-2021 are provided.","No change to previously reported consolidated net income, total assets, liabilities, or equity.","Restatement effective with Q3 2022 10-Q; prior periods will be revised."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361998,"accession_number":"0001437749-22-021542","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-08-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Granite Construction settles SEC investigation for $12M civil penalty, enjoined from securities law violations","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Settlement with SEC resolves previously disclosed investigation; penalty of $12 million.","Company neither admits nor denies allegations but consents to injunction against certain securities law violations.","Accrual for the full $12M penalty was recorded in Q2 2022 and reflected in June 30, 2022 financial results.","SEC filed complaint in Northern District of California; settlement subject to court approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361997,"accession_number":"0001437749-22-017936","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Q2 net loss of $2M; cuts adjusted EBITDA margin guidance to 5.5-6.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net loss $2M ($0.05/sh) vs net income $25M ($0.52) a year ago.","Revenue $768M, down $67M YoY; gross margin 10.2% vs 11.8%; ORP gross loss $21M on $49M revenue.","Adjusted net income $17M ($0.38) vs $30M ($0.66); adj. EBITDA $39M vs $62M.","CAP up $279M sequentially to $4.2B; materials revenue +12% but margin fell to 12.7% from 18.1%.","FY2022 adj. EBITDA margin guidance cut to 5.5-6.5% from 6-8%; $12M accrued for SEC resolution."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":1315872000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381480,"accession_number":"0001437749-22-014905","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-06-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Granite Construction shareholders elect four directors, approve advisory say-on-pay, ratify PwC","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors Galloway, Krusi, Lyash, Caldera elected for terms expiring at 2025 annual meeting.","Advisory vote on named executive officer compensation approved: 36.8M for, 0.9M against.","Ratification of PricewaterhouseCoopers as independent auditor for 2022: 40.6M for, 1.2M against.","Total shares present at meeting: 41.8M, representing 92.15% of outstanding shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381479,"accession_number":"0001104659-22-069680","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-06-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Granite Construction reaches $7.5M derivative lawsuit settlement with governance reforms","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["D&O insurers to pay $7.5M to Granite; court approval hearing set for July 12, 2022.","Board adopts reforms: audit committee meets 6x/year, risk committee oversight, director NACD training.","Settlement releases claims against directors/officers for alleged breaches tied to 2019 project losses.","Plaintiffs' counsel may seek up to $2.5M in fees from the settlement fund.","Derivative actions stem from $106.7M charge and restatement of 2017-2019 financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381478,"accession_number":"0001437749-22-014442","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-06-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Granite Construction enters $350M credit facility amendment, extends maturity to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$350M revolver with letter of credit sublimit of $150M and financial LC sublimit of $75M.","Maturity extended to June 2, 2027; LIBOR replaced with SOFR for interest calculations.","Interest rate margins: 1.00%-2.00% for Term SOFR loans; 0.00%-1.00% for Base Rate loans.","Financial covenants: min interest coverage ratio 3.00x, max leverage ratio 3.25x (3.75x post-acquisition).","ESG performance targets may adjust commitment fee by 0.001% and interest rate by 0.005%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381477,"accession_number":"0001437749-22-009966","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Granite Construction Q1 net loss ($0.42) per share; revenue down 3.3% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss from continuing ops $19M ($0.42/diluted); adjusted net loss $13M ($0.28/diluted).","Revenue $548M, down 3.3% YoY; gross profit margin 9.1% vs 9.5% prior year.","CAP $3.9B, down $237M YoY; California + Mountain groups up $394M offset by Central down $632M.","Completed sale of Granite Inliner; used proceeds to pay down half of term loan and repurchased 611K shares.","FY2022 guidance unchanged: low single-digit revenue growth, adjusted EBITDA margin 6-8%, capex $100-115M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":547586000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381476,"accession_number":"0001437749-22-008062","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-04-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Granite Construction adopts new Annual Incentive Plan for cash bonuses","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan is cash-based; participants designated by Compensation Committee; no specific target amounts disclosed.","Performance goals include revenue, EPS, EBITDA, safety rates, and other financial/non-financial metrics.","Awards paid after year-end; must be employed on payment date except for death, disability, or retirement.","Plan includes clawback/recovery provision under company policy and applicable law.","Adopted effective January 1, 2022; replaces or supplements prior bonus plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399466,"accession_number":"0001437749-22-006437","cik":861459,"company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","form_type":"8-K","filed_at":"2022-03-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Granite completes sale of Inliner business for $159.7M; repurchases $18.5M in stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Closed sale of trenchless and pipe rehabilitation business (Inliner) to Inland Pipe Rehabilitation for $159.7 million.","Proceeds to be used for core civil construction/materials growth, debt reduction, and share repurchases.","Spent $18.5 million to repurchase 611,000 shares in March 2022; plans further opportunistic repurchases.","Sale is part of strategic plan focusing on core competencies; also expects to sell Water Resources and Mineral Services businesses.","Advisors: Perella Weinberg and Shearman & Sterling for Granite; Houlihan Lokey and Jones Day for buyer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5890493381.904208,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-03-16T23:59:59+00:00|399466"}