secwatch.observer — SEC 8-K summary
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Issuer:     GRANITE CONSTRUCTION INC (GVA)
CIK:        0000861459
Form:       8-K
Filed at:   2025-07-07T23:59:59+00:00
Accession:  0000861459-25-000032
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Granite Construction COO James Radich retires; consulting agreement through Oct 2025 at $250/hr
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861459/000086145925000032/0000861459-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861459/000086145925000032/gva-20250704.htm
  HTML page:      https://secwatch.observer/filing/0000861459-25-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer