---
schema_version: "secwatch.filing_event.v1"
accession: "0000861459-23-000020"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:25:23.759972+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Granite Construction adopts Clawback Policy for incentive-based compensation recovery

## Summary
- 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.

## SEC filing metadata
- accession: 0000861459-23-000020
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000086145923000020/0000861459-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000086145923000020/gva-20231010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000861459-23-000020
- JSON: https://secwatch.observer/filing/0000861459-23-000020.json
- Plain text: https://secwatch.observer/filing/0000861459-23-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.