Business Context and Reporting Period
This Form 8-K filing by Granite Construction Incorporated reports on the results of the Annual Meeting of Stockholders held on June 5, 2025. The filing details the voting outcomes for director elections, executive compensation, and the ratification of the independent auditor.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
A total of 37,985,863 shares were present or represented by proxy, representing 86.84% of shares outstanding as of the April 11, 2025 record date. The voting results were as follows:
- Director Elections:
- Alan P. Krusi: Elected with 34,585,788 votes For (91.0% of votes cast).
- Louis E. Caldera: Elected with 33,187,402 votes For (87.4% of votes cast).
- Executive Compensation Advisory Vote: Approved with 33,391,975 votes For (88.1% of votes cast).
- Auditor Ratification: PricewaterhouseCoopers LLP was ratified with 36,967,760 votes For (97.4% of votes cast).
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the disclosure of voting results pursuant to Item 5.07.
Key Facts for Investor Verification
- Alan P. Krusi and Louis E. Caldera were elected to the Board of Directors for terms expiring at the 2028 Annual Meeting.
- Stockholders approved the advisory vote on executive compensation with strong support.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Broker non-votes totaled 2,691,622 shares for the director and compensation proposals.