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Scan for outdated or missing drivers - takes under a minuteDriver Scan →Repair Windows errors before they cause bigger problemsFix Now →Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Four surfaced Form 4 summaries for Construction Partners, Inc. (NASDAQ: ROAD) were filed on October 6, 2026, reporting transactions dated October 2. They describe Class A shares surrendered for tax withholding when previously awarded restricted shares vested—not ordinary open-market sales. The records name CEO Fred Julius Smith III, Ned N. Fleming IV, CFO Gregory A. Hoffman, and Robert G. Baugnon.
What the October 6 filings report
The figures below come from intermediary summaries attributed to SEC Form 4 records. Each summary gives October 2 as the transaction date and October 6 as the filing date. Each reports a code-F disposition at $90.03 and describes the shares as surrendered to the issuer for tax withholding upon vesting of previously awarded restricted shares.
| Reporting person | Role | Shares surrendered | Reported price | Direct shares afterward |
|---|---|---|---|---|
| Fred Julius Smith III | President and CEO | 2,903 | $90.03 | 10,650 |
| Ned N. Fleming IV | Senior VP of Strategy and Business Development | 625 | $90.03 | 43,339 |
| Gregory A. Hoffman | Senior VP and CFO | 1,375 | $90.03 | 38,842 |
| Robert G. Baugnon | Senior VP of Personnel and Administration | 895 | $90.03 | 23,760 |
Filing summaries: Smith, accession 0001628280-26-065184; Fleming, accession 0001628280-26-065183; Hoffman, accession 0001628280-26-065185; Baugnon, accession 0001628280-26-065187.
Did Construction Partners insiders sell shares on October 6?
Not according to the transaction descriptions in these summaries. October 6 is the stated filing date; the reported transactions took place October 2. The summaries characterize the code-F dispositions as share surrenders for withholding taxes connected with restricted-share vesting, rather than voluntary market sales. Calling them simply “insider sales” would leave out the stated purpose.
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How to read the share counts and balances
The table’s “direct shares afterward” figures are the direct ownership entries reported in the summaries. They should not be read as each officer’s total economic exposure: at least some summaries also show derivative or indirect holdings. The summaries do not establish a complete total-exposure comparison for all four people.
The $90.03 figure is the reported price associated with each code-F disposition in these filing summaries. In this context it is part of the reported withholding transaction; it does not by itself show that an officer chose to sell shares in the market at that price.
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What these filings do—and do not—say about ROAD
The filings document reported transactions and their stated tax-withholding purpose. On their own, they do not establish that the officers were bullish or bearish, nor do they provide a basis for treating the transactions as a signal about Construction Partners’ future share price.
These are four surfaced summaries, not a verified complete list of every Form 4 filed on October 6. A neighboring accession, 0001628280-26-065186, is not accounted for in the available summaries, so the four records should not be described as the full day’s batch.
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