{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-017523","form_type":"8-K","ticker":"GVA","cik":"0000861459","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2026-05-18T12:40:44+00:00","discovered_at":"2026-05-18T12:45:00.419906+00:00","generated_at":"2026-05-18T12:45:46.395571+00:00","sec_items":["7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Granite Construction announces $600M senior notes offering to refinance convertible notes","bullets":["Offering $600M in senior notes due 2034 in a private placement to redeem all outstanding 3.75% Convertible Senior Notes due 2028.","Estimated market value of 2028 Notes is $827.3M based on GVA closing price of $138.55 on May 15, 2026.","Expects to receive ~$160M from unwinding capped call transactions entered with the 2028 Notes.","Net proceeds plus cash on hand and capped call unwind cash to fund redemption; any remaining may repay revolver.","Notes will be guaranteed by certain domestic subsidiaries; offering only to QIBs and non-U.S. persons."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-017523","json":"https://secwatch.observer/filing/0001437749-26-017523.json","markdown":"https://secwatch.observer/filing/0001437749-26-017523.md","text":"https://secwatch.observer/filing/0001437749-26-017523.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000143774926017523/0001437749-26-017523-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000143774926017523/gva20260516_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:45:46.395571+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"}