<SEC-DOCUMENT>0001127602-24-010458.txt : 20240318
<SEC-HEADER>0001127602-24-010458.hdr.sgml : 20240318
<ACCEPTANCE-DATETIME>20240318170802
ACCESSION NUMBER:		0001127602-24-010458
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240314
FILED AS OF DATE:		20240318
DATE AS OF CHANGE:		20240318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CURTIS LISA
		CENTRAL INDEX KEY:			0001448615
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12911
		FILM NUMBER:		24759959

	MAIL ADDRESS:	
		STREET 1:		3200 SOUTHWEST FREEWAY
		STREET 2:		SUITE 2950
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77027

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRANITE CONSTRUCTION INC
		CENTRAL INDEX KEY:			0000861459
		STANDARD INDUSTRIAL CLASSIFICATION:	HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				770239383
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		585 WEST BEACH ST
		CITY:			WATSONVILLE
		STATE:			CA
		ZIP:			95076
		BUSINESS PHONE:		8317241011

	MAIL ADDRESS:	
		STREET 1:		585 WEST BEACH ST
		CITY:			WATSONVILLE
		STATE:			CA
		ZIP:			95076
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>PRIMARY DOCUMENT
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    <periodOfReport>2024-03-14</periodOfReport>

    <issuer>
        <issuerCik>0000861459</issuerCik>
        <issuerName>GRANITE CONSTRUCTION INC</issuerName>
        <issuerTradingSymbol>GVA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001448615</rptOwnerCik>
            <rptOwnerName>CURTIS LISA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>585 WEST BEACH STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WATSONVILLE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95076</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>Executive Vice President &amp; CFO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
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                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
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            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
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            <transactionAmounts>
                <transactionShares>
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            <securityTitle>
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                    <footnoteId id="F5"/>
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                <directOrIndirectOwnership>
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                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
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                <transactionCode>A</transactionCode>
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            <transactionAmounts>
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                    <footnoteId id="F6"/>
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                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
            </transactionAmounts>
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                    <value>41163</value>
                </sharesOwnedFollowingTransaction>
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    <footnotes>
        <footnote id="F1">Stock units granted pursuant to the Granite Construction Incorporated 2021 Equity Incentive Plan (the &quot;Plan&quot;).  The stock units vest in three equal annual installments on the first, second and third anniversaries of the grant date.</footnote>
        <footnote id="F2">Total adjusted to include dividend equivalents (DEU: 38 - 4/14/23; 39 - 7/14/23; 42 - 10/13/23; 32 - 1/12/24) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report and purchases of 319 shares on 6/14/23 and 255 shares on 12/14/23 pursuant to the Granite Construction Incorporated 2009 Employee Stock Purchase Program.</footnote>
        <footnote id="F3">Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 6/2/21).</footnote>
        <footnote id="F4">Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 3/14/22).</footnote>
        <footnote id="F5">Shares surrendered for taxes due to vesting on March 14, 2024 (initial grant date 3/14/23).</footnote>
        <footnote id="F6">Stock units granted pursuant to the Plan.  The stock units vest 100% ten days after the date of grant.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Betty Kwong, attorney-in-fact for Elizabeth L. Curtis</signatureName>
        <signatureDate>2024-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
