Granite Construction (GVA) executive compensation, 2026 proxy

Kyle T. Larkin, President and Chief Executive Officer, was paid $9.9M in 2025, up 28% from $7.7M the year before. The CEO-to-median-employee pay ratio was 62:1, on median employee pay of $159,401.

Filed
April 23, 2026
Annual meeting
June 4, 2026
Pay year
2025
Named executives
6
CEO total pay
$9.9M+28% vs prior year
CEO to median employee
62:1median $159,401
CEO pay in equity
73%$7.2M in awards
CEO Base Salary
$1,000,000For fiscal 2025
CEO Stock Awards
$7,178,777Grant date fair value
Median Employee Pay
$159,401Annual total compensation
CEO Pay Ratio
62:1Ratio to median employee

How Larkin was paid

$9.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards73%Non-equity incentive16%All other compensation1%

Named executive officers

ExecutiveTotal
Kyle T. LarkinPresident and Chief Executive Officer$9,861,425
Staci M. WoolseyExecutive Vice President and Chief Financial Officer$1,956,015
Michael G. TatuskoSenior Vice President, Construction$2,146,712
Brian R. DowdSenior Vice President, Construction$2,003,324
Bradley J. WilliamsSenior Vice President, Construction$1,334,547
James A. RadichFormer Executive Vice President and Chief Operating Officer$2,660,655

What changed and why

  • $9.9MCEO Kyle T. Larkin received total compensation of $9,861,425 in fiscal 2025, an increase from $7,726,356 in 2024.
  • $1MBase salary for the CEO was set at $1,000,000 for fiscal 2025.
  • $7.2MStock awards for the CEO totaled $7,178,777 during the year.
  • $1.6MNon-equity incentive plan compensation for the CEO was $1,612,935.
  • The ratio of the CEO to median employee annual total compensation was 62 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.