{"filing":{"accession_number":"0000861459-26-000032","cik":"0000861459","ticker":"GVA","company_name":"GRANITE CONSTRUCTION INC","form":"8-K","filing_date":"2026-08-04","report_date":"2026-08-04","primary_document":"gva-20260804.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/861459/000086145926000032/gva-20260804.htm"},"events":[{"id":23560,"run_id":21294,"accession_number":"0000861459-26-000032","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.68,"summary":"Granite Construction entered into unwind agreements with financial institutions to terminate capped call transactions associated with its $273.7 million convertible notes due 2028, resulting in material cash settlement and effectively facilitating the redemption and conversion of the existing convertible debt.","company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","filing_date":"2026-08-04","form":"8-K","submitted_at":null,"items":[{"id":23821,"accession_number":"0000861459-26-000032","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"The filing discloses entry into unwind agreements with financial institutions to terminate capped call transactions associated with the Company's $273.7 million convertible notes due 2028. While the primary action is unwinding a derivative hedge (not issuing new debt), the event is fundamentally tied to the redemption and conversion of existing convertible debt and involves material cash settlement. The closest fit is debt_issuance as a capital structure event, though the transaction is more accurately a debt retirement/conversion facilitated by derivative unwinding. The materiality and financial significance of the $273.7 million convertible note redemption and the associated capped call settlement make this material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T10:46:39.214412+00:00","company_name":"","ticker":null,"filing_date":""},{"id":23822,"accession_number":"0000861459-26-000032","item_number":"1.02","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Item 1.02 discloses termination of a \"material definitive agreement\" and references settlement of \"Unwind Agreements\" with use of proceeds, indicating a significant financial transaction or restructuring. While the specific details are incorporated by reference to Item 1.01 (not provided here), the termination of a material agreement and associated settlement constitute a material financial event that does not fit a more specific category such as debt issuance, M\u0026A, or covenant breach.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T10:46:39.214412+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":23821,"accession_number":"0000861459-26-000032","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"The filing discloses entry into unwind agreements with financial institutions to terminate capped call transactions associated with the Company's $273.7 million convertible notes due 2028. While the primary action is unwinding a derivative hedge (not issuing new debt), the event is fundamentally tied to the redemption and conversion of existing convertible debt and involves material cash settlement. The closest fit is debt_issuance as a capital structure event, though the transaction is more accurately a debt retirement/conversion facilitated by derivative unwinding. The materiality and financial significance of the $273.7 million convertible note redemption and the associated capped call settlement make this material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T10:46:39.214412+00:00","company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","filing_date":"2026-08-04"},{"id":23822,"accession_number":"0000861459-26-000032","item_number":"1.02","item_title":null,"event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Item 1.02 discloses termination of a \"material definitive agreement\" and references settlement of \"Unwind Agreements\" with use of proceeds, indicating a significant financial transaction or restructuring. While the specific details are incorporated by reference to Item 1.01 (not provided here), the termination of a material agreement and associated settlement constitute a material financial event that does not fit a more specific category such as debt issuance, M\u0026A, or covenant breach.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T10:46:39.214412+00:00","company_name":"GRANITE CONSTRUCTION INC","ticker":"GVA","filing_date":"2026-08-04"}]}
