---
schema_version: "secwatch.filing_event.v1"
accession: "0001718227-23-000085"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:16:58.333225+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Construction Partners completes stock exchanges shifting voting power to SunTx affiliates

## Summary
- SunTx Partners II exchanged 132,682 Class A shares for Class B; SunTx Dutch LP exchanged 67,318 Class A for Class B.
- AMDG and CJCT each exchanged 100,000 Class B shares for Class A shares.
- Total shares of each class outstanding unchanged after net 200,000 share swap between classes.
- Class B shares carry 10 votes per share vs. 1 vote per Class A share, increasing SunTx voting control.
- Shares issued without commission under Section 3(a)(9) exemption; effective December 1, 2023.

## SEC filing metadata
- accession: 0001718227-23-000085
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000085/0001718227-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000085/road-20231201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718227-23-000085
- JSON: https://secwatch.observer/filing/0001718227-23-000085.json
- Plain text: https://secwatch.observer/filing/0001718227-23-000085.txt

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