November 25, 2025 · Form 4 insider transaction
Smith Fred Julius III bought 30,000 shares of Construction Partners, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 1 day after the transaction.
The reported transaction represents the voluntary conversion by the reporting person of the reported number of shares of Class B common stock on a one-for-one basis into shares of Class A common stock as permitted by the Issuer's amended and restated certificate of incorporation.; Includes 13,553 restricted shares of Class A common stock with time-based vesting criteria previously granted to the reporting person under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 6,227 shares on September 30, 2026, (ii) 4,105 shares on September 30, 2027, (iii) 2,267 shares on September 30, 2028, and (iv) 954 shares on September 30, 2029. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.