---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021542"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2022-08-31T23:59:59+00:00"
generated_at: "2026-06-23T19:03:52.514604+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Granite Construction settles SEC investigation for $12M civil penalty, enjoined from securities law violations

## Summary
- Settlement with SEC resolves previously disclosed investigation; penalty of $12 million.
- Company neither admits nor denies allegations but consents to injunction against certain securities law violations.
- Accrual for the full $12M penalty was recorded in Q2 2022 and reflected in June 30, 2022 financial results.
- SEC filed complaint in Northern District of California; settlement subject to court approval.

## SEC filing metadata
- accession: 0001437749-22-021542
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2022-08-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000143774922021542/0001437749-22-021542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000143774922021542/gva20220825c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021542
- JSON: https://secwatch.observer/filing/0001437749-22-021542.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021542.txt

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