{"schema_version":"secwatch.filing_event.v1","accession":"0000861459-24-000037","form_type":"8-K","ticker":"GVA","cik":"0000861459","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2024-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.065075+00:00","generated_at":"2026-05-31T04:48:41.021215+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Granite Construction names new CFO; prior CFO Lisa Curtis transitions to Senior Financial Advisor","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000861459-24-000037","json":"https://secwatch.observer/filing/0000861459-24-000037.json","markdown":"https://secwatch.observer/filing/0000861459-24-000037.md","text":"https://secwatch.observer/filing/0000861459-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/gva-20240916.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:48:41.021215+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1593d81fd2","claim":"Lisa Curtis departed as Executive Vice President, Chief Financial Officer at GRANITE CONSTRUCTION INC.","evidence_excerpt":"On September 16, 2024, Lisa Curtis and the Company entered into a Separation and Transition Agreement (the “Agreement”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Role","value":"Executive Vice President, Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"f6b2d7686a","claim":"Michele Woolsey was appointed as Executive Vice President, Chief Financial Officer at GRANITE CONSTRUCTION INC.","evidence_excerpt":"Ms. Woolsey’s appointment as Executive Vice President, Chief Financial Officer of Granite Construction Incorporated (the “Company”) on September 16, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861459/000086145924000037/0000861459-24-000037-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}