Construction Partners DEF 14A: Executive Comp & Governance
Ticker: ROAD · Form: DEF 14A · Filed: Jan 24, 2025 · CIK: 1718227
| Field | Detail |
|---|---|
| Company | Construction Partners, Inc. (ROAD) |
| Form Type | DEF 14A |
| Filed Date | Jan 24, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: CPRT
TL;DR
CPRT DEF 14A out: Proxy statement details exec pay & governance for FY25.
AI Summary
Construction Partners, Inc. filed a DEF 14A on January 24, 2025, for the fiscal year ending September 30, 2025. The filing details executive compensation and other corporate governance matters. Key financial periods covered include fiscal years 2020 through 2024, with specific data points related to equity awards and their valuation.
Why It Matters
This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions on proposals presented at the annual meeting.
Risk Assessment
Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and corporate governance, which typically carries a low risk of immediate market impact.
Key Numbers
- 2020-2024 — Fiscal Years Covered (Data on executive compensation and equity awards spans these years.)
Key Players & Entities
- Construction Partners, Inc. (company) — Filer of the DEF 14A
- 20250124 (date) — Filing date of the DEF 14A
- 20250320 (date) — Period of report for the DEF 14A
- 0930 (date) — Fiscal year end
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a definitive proxy statement, is filed by a company to solicit proxies from its shareholders for an upcoming annual or special meeting. It provides detailed information about the matters to be voted on, including executive compensation, director elections, and other corporate governance issues.
When is Construction Partners, Inc.'s fiscal year-end?
Construction Partners, Inc.'s fiscal year ends on September 30th.
What is the filing date of this DEF 14A?
This DEF 14A filing was made on January 24, 2025.
What is the SEC file number for Construction Partners, Inc.?
The SEC file number for Construction Partners, Inc. is 001-38479.
What type of information is typically found in the 'ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember' sections?
These sections likely detail the year-end fair value of equity awards granted in covered years that were outstanding and unvested for the applicable fiscal years, as indicated by 'YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember'.
Filing Stats: 4,838 words · 19 min read · ~16 pages · Grade level 13.4 · Accepted 2025-01-24 09:45:35
Key Financial Figures
- $0.001 — ares of Class A common stock, par value $0.001 ("Class A common stock"), issued and ou
Filing Documents
- road-20250123.htm (DEF 14A) — 979KB
- road-20250123_g1.jpg (GRAPHIC) — 9KB
- road-20250123_g2.jpg (GRAPHIC) — 5KB
- road-20250123_g3.jpg (GRAPHIC) — 108KB
- road-20250123_g4.jpg (GRAPHIC) — 98KB
- road-20250123_g5.jpg (GRAPHIC) — 97KB
- road-20250123_g6.jpg (GRAPHIC) — 537KB
- road-20250123_g7.jpg (GRAPHIC) — 226KB
- 0001718227-25-000007.txt ( ) — 4132KB
- road-20250123.xsd (EX-101.SCH) — 2KB
- road-20250123_def.xml (EX-101.DEF) — 3KB
- road-20250123_lab.xml (EX-101.LAB) — 3KB
- road-20250123_pre.xml (EX-101.PRE) — 2KB
- road-20250123_htm.xml (XML) — 113KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 7 Management and Corporate Governance 11 Our Board of Directors 11 Information about the Nominees and Other Directors 11 Board Skills, Experience and Diversity 13 Information about Executive Officers Who Are Not Also Directors 14 Certain Director and Executive Officer Relationships 14 Director Independence and Controlled Company Exemption 15 Board Leadership Structure 15 Meetings of the Board 16 Committees of the Board 16 Role of the Board in Risk Oversight 19 Code of Business Conduct and Ethics 19 Corporate Governance Guidelines 19 Nomination and Consideration of Director Candidates 19 Executive Sessions 22 Stockholder Communications with the Board 22 Executive Officer and Director Compensation 23 Compensation D iscussion and Analysis 23 Summary Compensation Table 34 Grants of Plan-Based Awards 36 Outstanding Equity Awards at Fiscal Year-End 38 Option Exercises and Stock Vested 39 Securities Authorized for Issuance Under Equity Compensation Plans 39 Potential Payments upon Termination or a Change in Control 39 Director Compensation 41 Compensation Policies and Practices Related to Risk Management 42 Chief Executive Officer Pay Ratio 43 Pay Versus Performance Disclosure 44 Compensation Committee Interlocks and Insider Participation 47 Compensation Committee Report 49 Certain Relationships and Related Party Transactions 50 Review and Approval of Related Party Transactions 50 Transactions with Related Parties 50 Report of the Audit Committee 53 Proposal 1: Election of Class I Directors 54 General 54 Vote Required; Board Recommendation 54 Proposal 2 : Ratification of Appointment of Independent Registered Public Accountant 55 Table of Contents General 55 Audit Committee Pre-Approval Policy 55 Fees Paid to RSM 55 Vote Required; Board Recommendation 56 Proposal 3: Advisory Vote on
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth certain information regarding the beneficial ownership of our common stock as of the Record Date by: (i) each of our directors, including each director nominee; (ii) each of our named executive officers (our "NEOs"); (iii) all of our current directors and executive officers as a group; and (iv) each stockholder known by the Company to beneficially own more than 5% of a class of our common stock. Beneficial ownership is determined in accordance with the rules of the SEC and includes voting or investment power with respect to the securities. Shares of common stock that an individual or group has the right to acquire within 60 days of the Record Date, including through