Construction Partners, Inc. — Director's Dealing 2023

Dec 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Construction Partners, Inc. (ROAD)
CIK: 0001718227
Period of Report: 2023-12-19

Reporting Person: Hoffman Gregory A (Senior VP, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-19	Class A Common Stock	F	226	$43.75	Disposed	47245	Direct

Footnotes

F1: Represents shares of Class A common stock, par value $0.001 ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the grant of immediately vested shares of Class A common stock on December 13, 2023.

F2: Pursuant to the terms of the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan") and the applicable award agreement, the number of shares withheld was determined using a value of $43.75 per share, based on the closing price for a share of Class A common stock on the vesting date.

F3: Includes 39,464 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 18,541 shares on September 30, 2024, (ii) 17,793 shares on September 30, 2025, (iii) 2,005 shares on September 30, 2026, and (iv) 1,125 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.