---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-008062"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T11:20:52.225321+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Granite Construction adopts new Annual Incentive Plan for cash bonuses

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-008062
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000143774922008062/0001437749-22-008062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000143774922008062/gva20220401_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-008062
- JSON: https://secwatch.observer/filing/0001437749-22-008062.json
- Plain text: https://secwatch.observer/filing/0001437749-22-008062.txt

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