{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-069680","form_type":"8-K","ticker":"GVA","cik":"0000861459","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2022-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.964852+00:00","generated_at":"2026-06-25T03:22:35.655103+00:00","sec_items":["7.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Granite Construction reaches $7.5M derivative lawsuit settlement with governance reforms","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-069680","json":"https://secwatch.observer/filing/0001104659-22-069680.json","markdown":"https://secwatch.observer/filing/0001104659-22-069680.md","text":"https://secwatch.observer/filing/0001104659-22-069680.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000110465922069680/0001104659-22-069680-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000110465922069680/tm2218109d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T03:22:35.655103+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}