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Construction Partners, Inc. Director's Dealing 2023

Oct 4, 2023

30805_dirs_2023-10-04_5afd9e8a-55f9-44b1-82fd-448e8e74fd06.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Construction Partners, Inc. (ROAD)
CIK: 0001718227
Period of Report: 2023-10-02

Reporting Person: Brooks Judson Ryan (Senior Vice President, Legal)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-10-02 Class A Common Stock F 654 $36.56 Disposed 32652 Direct

Footnotes

F1: Represents shares of Class A common stock, $0.001 par value ("Class A common stock"), of Construction Partners, Inc. (the "Issuer") surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of an award of restricted Class A common stock. Pursuant to the Equity Incentive Plan and the applicable award agreement, the number of shares withheld was determined using a value of $36.56 per share, based on the closing price for a share of Class A common stock on September 29, 2023, the last trading day prior to the vesting date.

F2: Includes 29,583 restricted shares of Class A common stock with time-based vesting criteria previously granted under the Construction Partners, Inc. 2018 Equity Incentive Plan that vest as follows: (i) 14,728 shares on September 30, 2024, (ii) 14,039 shares on September 30, 2025, and (iii) 816 shares on September 30, 2026. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.