ROAD

SEC source: 0001718227-23-000108 · wk-form4_1702674231.xml · nonDerivative · entry 2

Smith Fred Julius III · CIK 0001739258 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 144,641

F2 · shares: The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan.

SEC source: 0001718227-23-000108 · wk-form4_1702674231.xml · nonDerivative · entry 1

Smith Fred Julius III · CIK 0001739258 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,006

F1 · shares: On December 29, 2021, the reporting person was granted 13,750 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 11,859 PSUs.

SEC source: 0001718227-23-000109 · wk-form4_1702674245.xml · nonDerivative · entry 3

Harper John L · CIK 0001739438 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 149,106

F4 · shares: The reported transaction represents a grant of restricted shares of Class A common stock of the Issuer with time-based vesting criteria under the Plan. The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2024, 2025, 2026 and 2027. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

F5 · balance_after: Includes 60,850 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 29,413 shares on September 30, 2024, (ii) 28,326 shares on September 30, 2025, (iii) 2,183 shares on September 30, 2026, and (iv) 928 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

SEC source: 0001718227-23-000109 · wk-form4_1702674245.xml · nonDerivative · entry 2

Harper John L · CIK 0001739438 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 145,394

F3 · shares: The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan.

SEC source: 0001718227-23-000109 · wk-form4_1702674245.xml · nonDerivative · entry 1

Harper John L · CIK 0001739438 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 144,005

F1 · shares: On December 29, 2021, the reporting person was granted 7,250 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 6,253 PSUs.

F2 · balance_after: On October 4, 2023, the reporting person filed an ownership report indicating 137,096 shares of the Issuer's Class A common stock, par value $0.001 ("Class A common stock") held by the reporting person following the completion of a share withholding transaction described therein. Due to an inadvertent administrative error, the number of withheld shares was reported as 1,025 shares but should have been 369 shares. Accordingly, the beginning balance in this report has been corrected to 137,752 shares of Class A common stock.

SEC source: 0000950170-23-070744 · ownership.xml · nonDerivative · entry 2

Matteson Mark R · CIK 0001739134 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By AMDG Associates Limited Partnership

Disclosed balance after: 10,000

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.01 to $44.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2 · ownership.nature: These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by the reporting person. The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000950170-23-070744 · ownership.xml · nonDerivative · entry 1

Matteson Mark R · CIK 0001739134 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By AMDG Associates Limited Partnership

Disclosed balance after: 11,996

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.99, inclusive. The reporting person undertakes to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2 · ownership.nature: These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by the reporting person. The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0001718227-23-000111 · wk-form4_1702674267.xml · derivative · entry 5

Andrews Todd Keith · CIK 0001761266 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,144

Underlying: Class A Common Stock · 1,144 shares

Expires not disclosed

F6 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date.

F7 · derivative.exercise_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

F7 · derivative.expiration_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

SEC source: 0001718227-23-000111 · wk-form4_1702674267.xml · nonDerivative · entry 3

Andrews Todd Keith · CIK 0001761266 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,668

F3 · shares: The reported transaction represents a grant of restricted shares of Class A common stock of the Issuer with time-based vesting criteria under the Plan. The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2024, 2025, 2026 and 2027. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

F4 · balance_after: Includes 20,410 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 9,868 shares on September 30, 2024, (ii) 9,220 shares on September 30, 2025, (iii) 1,036 shares on September 30, 2026, and (iv) 286 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

SEC source: 0001718227-23-000111 · wk-form4_1702674267.xml · nonDerivative · entry 2

Andrews Todd Keith · CIK 0001761266 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,524

F2 · shares: The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan.

SEC source: 0001718227-23-000111 · wk-form4_1702674267.xml · nonDerivative · entry 1

Andrews Todd Keith · CIK 0001761266 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 26,943

F1 · shares: On December 29, 2021, the reporting person was granted 3,033 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 2,616 PSUs.

SEC source: 0001718227-23-000107 · wk-form4_1702674208.xml · derivative · entry 5

Fleming Ned N. IV · CIK 0001987592 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,218

Underlying: Class A Common Stock · 1,218 shares

Expires not disclosed

F6 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date.

F7 · derivative.exercise_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

F7 · derivative.expiration_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

SEC source: 0001718227-23-000107 · wk-form4_1702674208.xml · nonDerivative · entry 3

Fleming Ned N. IV · CIK 0001987592 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,743

F3 · shares: The reported transaction represents a grant of restricted shares of Class A common stock of the Issuer with time-based vesting criteria under the Plan. The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2024, 2025, 2026 and 2027. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

F4 · balance_after: Includes 29,979 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 14,631 shares on September 30, 2024, (ii) 14,067 shares on September 30, 2025, (iii) 978 shares on September 30, 2026, and (iv) 305 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

SEC source: 0001718227-23-000107 · wk-form4_1702674208.xml · nonDerivative · entry 2

Fleming Ned N. IV · CIK 0001987592 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,525

F2 · shares: The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan.

SEC source: 0001718227-23-000107 · wk-form4_1702674208.xml · nonDerivative · entry 1

Fleming Ned N. IV · CIK 0001987592 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 34,022

F1 · shares: On December 29, 2021, the reporting person was granted 2,625 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 2,264 PSUs.

SEC source: 0001718227-23-000106 · wk-form4_1702674192.xml · derivative · entry 5

Brooks Judson Ryan · CIK 0001761609 · Senior Vice President, Legal

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,276

Underlying: Class A Common Stock · 1,276 shares

Expires not disclosed

F6 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive cash in an amount equal to the value of one share of Class A common stock on the applicable vesting date.

F7 · derivative.exercise_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

F7 · derivative.expiration_date: The restricted stock units vest in one-fourth installments beginning on the first September 30 following the grant date and on September 30 of each of the next three succeeding years.

SEC source: 0001718227-23-000106 · wk-form4_1702674192.xml · nonDerivative · entry 3

Brooks Judson Ryan · CIK 0001761609 · Senior Vice President, Legal

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 37,310

F3 · shares: The reported transaction represents a grant of restricted shares of Class A common stock of the Issuer with time-based vesting criteria under the Plan. The shares of Class A common stock subject to the reported award vest in one-fourth installments on September 30, 2024, 2025, 2026 and 2027. Under the terms of the award agreement, the reporting person has sole voting power with respect to the reported shares.

F4 · balance_after: Includes 30,859 restricted shares of Class A common stock with time-based vesting criteria granted under the Plan that vest as follows: (i) 15,047 shares on September 30, 2024, (ii) 14,358 shares on September 30, 2025, (iii) 1,135 shares on September 30, 2026, and (iv) 319 shares on September 30, 2027. Under the terms of the respective award agreements, the reporting person has sole voting power with respect to the reported shares.

SEC source: 0001718227-23-000106 · wk-form4_1702674192.xml · nonDerivative · entry 2

Brooks Judson Ryan · CIK 0001761609 · Senior Vice President, Legal

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 36,034

F2 · shares: The reported transaction represents a grant of immediately vested shares of Class A common stock, $0.001 par value ("Class A common stock"), of the Issuer under the Plan.

SEC source: 0001718227-23-000106 · wk-form4_1702674192.xml · nonDerivative · entry 1

Brooks Judson Ryan · CIK 0001761609 · Senior Vice President, Legal

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 35,419

F1 · shares: On December 29, 2021, the reporting person was granted 3,208 performance-based restricted stock units ("PSUs") pursuant to the Construction Partners, Inc. 2018 Equity Incentive Plan (the "Plan"). The PSUs vested in a single lump-sum based on the satisfaction by Construction Partners, Inc. (the "Issuer") of certain performance criteria for the three-year period comprising the 2021, 2022 and 2023 fiscal years. The performance criteria for were partially met, resulting in the vesting of 2,767 PSUs.

SEC source: 0000950170-23-070077 · ownership.xml · nonDerivative · entry 3

Jennings Craig · CIK 0001739383 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 22,500

F4 · kind: Represents a charitable contribution of shares of Class A common stock, par value $0.001 per share ("Class A common stock"), of the Issuer.

F2 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by the reporting person ("CJCT"). The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000950170-23-070077 · ownership.xml · nonDerivative · entry 2

Jennings Craig · CIK 0001739383 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 25,000

F3 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.47, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by the reporting person ("CJCT"). The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000950170-23-070077 · ownership.xml · nonDerivative · entry 1

Jennings Craig · CIK 0001739383 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 50,000

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.52 to $42.93, inclusive. The reporting person undertakes to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by the reporting person ("CJCT"). The reporting person may be deemed to beneficially own securities of the Issuer held by such limited partnership. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 15

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Malachi Holdings Limited Partnership

Disclosed balance after: 1,740,472

Underlying: Class A Common Stock · 36,293 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F21 · kind: Represents a charitable contribution of shares of Class B common stock of the Issuer.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · ownership.nature: These securities of the Issuer are directly held by Malachi Holdings Limited Partnership, a limited partnership controlled by Ned N. Fleming, III. Mr. Fleming may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Fleming disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Fleming is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 14

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Malachi Holdings Limited Partnership

Disclosed balance after: 1,776,765

Underlying: Class A Common Stock · 9,315 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F18 · kind: SunTx Fulcrum Fund distributed these shares for no consideration.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · ownership.nature: These securities of the Issuer are directly held by Malachi Holdings Limited Partnership, a limited partnership controlled by Ned N. Fleming, III. Mr. Fleming may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Fleming disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Fleming is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 13

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Fulcrum Fund Prime, L.P.

Disclosed balance after: 0

Underlying: Class A Common Stock · 9,315 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F18 · kind: SunTx Fulcrum Fund distributed these shares for no consideration.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of Construction Partners, Inc. (the "Issuer"), is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

F19 · ownership.nature: These securities of the Issuer are directly held by SunTx Fulcrum Fund.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 12

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 351,178

Underlying: Class A Common Stock · 100,000 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F2 · kind: This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(e) promulgated thereunder.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F10 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by Craig Jennings ("CJCT"). Mr. Jennings may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Jennings disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Jennings is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 11

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By AMDG Associates Limited Partnership

Disclosed balance after: 528,715

Underlying: Class A Common Stock · 100,000 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F2 · kind: This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(e) promulgated thereunder.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F9 · ownership.nature: These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by Mark R. Matteson ("AMDG"). Mr. Matteson may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Matteson disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Matteson is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 10

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II Dutch Investors, L.P.

Disclosed balance after: 1,294,908

Underlying: Class A Common Stock · 67,318 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F8 · kind: This transaction was exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(d) promulgated thereunder.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of Construction Partners, Inc. (the "Issuer"), is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

F7 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners Dutch LP.

SEC source: 0000950170-23-068400 · ownership.xml · derivative · entry 9

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II, L.P.

Disclosed balance after: 2,585,096

Underlying: Class A Common Stock · 132,682 shares

Expires not disclosed

F17 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F8 · kind: This transaction was exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(d) promulgated thereunder.

F17 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F17 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), of the Issuer is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of Construction Partners, Inc. (the "Issuer"), is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

F6 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners II.

SEC source: 0000950170-23-068400 · ownership.xml · nonDerivative · entry 4

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 100,000

F8 · kind: This transaction was exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(d) promulgated thereunder.

F10 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by Craig Jennings ("CJCT"). Mr. Jennings may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Jennings disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Jennings is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · nonDerivative · entry 3

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By AMDG Associates Limited Partnership

Disclosed balance after: 100,000

F8 · kind: This transaction was exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(d) promulgated thereunder.

F9 · ownership.nature: These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by Mark R. Matteson ("AMDG"). Mr. Matteson may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Matteson disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Matteson is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-068400 · ownership.xml · nonDerivative · entry 2

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II Dutch Investors, L.P.

Disclosed balance after: 150,099

F2 · kind: This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(e) promulgated thereunder.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of Construction Partners, Inc. (the "Issuer"), is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

F7 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners Dutch LP.

SEC source: 0000950170-23-068400 · ownership.xml · nonDerivative · entry 1

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II, L.P.

Disclosed balance after: 262,965

F1 · security: This Form 4 is filed jointly by Ned N. Fleming, III, Craig Jennings, Mark R. Matteson, SunTx Fulcrum Fund Prime, L.P. ("SunTx Fulcrum Fund"), SunTx Capital Partners, L.P. ("SunTx Partners GP"), SunTx Capital Management Corp. ("SunTx Capital Management"), SunTx Capital Partners II, L.P. ("SunTx Partners II"), SunTx Capital Partners II Dutch Investors, L.P. ("SunTx Partners Dutch LP"), and SunTx Capital II Management Corp. ("SunTx Capital II Management," and collectively, the "Reporting Persons").

F2 · kind: This transaction was exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-3(e) promulgated thereunder.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of Construction Partners, Inc. (the "Issuer"), is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

F6 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners II.

SEC source: 0001718227-23-000071 · wk-form4_1696449934.xml · nonDerivative · entry 1

Armstrong Michael Brett · CIK 0001739600 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,940

F1 · shares: 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 · balance_after: Includes 46,442 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) 23,113 shares on September 30, 2024, (ii) 22,163 shares on September 30, 2025, and (iii) 1,166 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.

SEC source: 0001718227-23-000069 · wk-form4_1696449891.xml · nonDerivative · entry 1

Flowers Robert P. · CIK 0001739620 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 62,805

F1 · shares: 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 · balance_after: Includes 56,864 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) 28,354 shares on September 30, 2024, (ii) 27,306 shares on September 30, 2025, and (iii) 1,204 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.

SEC source: 0001718227-23-000067 · wk-form4_1696449865.xml · nonDerivative · entry 1

Smith Fred Julius III · CIK 0001739258 · Director · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,147

F1 · shares: 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 · balance_after: Includes 114,530 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) 2,500 shares on January 4, 2025, (ii) 55,870 shares on September 30, 2024, (iii) 54,038 shares on September 30, 2025, and (iv) 2,122 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.

SEC source: 0001718227-23-000068 · wk-form4_1696449878.xml · nonDerivative · entry 1

Harper John L · CIK 0001739438 · Senior Vice President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 137,096

F1 · shares: 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 · balance_after: Includes 57,138 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) 28,485 shares on September 30, 2024, (ii) 27,398 shares on September 30, 2025, and (iii) 1,255 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.

SEC source: 0001718227-23-000072 · wk-form4_1696449945.xml · nonDerivative · entry 1

Andrews Todd Keith · CIK 0001761266 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,327

F1 · shares: 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 · balance_after: Includes 19,266 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) 9,582 shares on September 30, 2024, (ii) 8,934 shares on September 30, 2025, and (iii) 750 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.

SEC source: 0001718227-23-000070 · wk-form4_1696449903.xml · nonDerivative · entry 1

Brooks Judson Ryan · CIK 0001761609 · Senior Vice President, Legal

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 32,652

F1 · shares: 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 · balance_after: 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.

SEC source: 0001718227-23-000066 · wk-form4_1696449854.xml · nonDerivative · entry 1

Fleming Ned N. IV · CIK 0001987592 · Member of 10% owner group

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,758

F1 · shares: 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 · balance_after: Includes 28,761 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) 14,326 shares on September 30, 2024, (ii) 13,762 shares on September 30, 2025, and (iii) 673 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.

SEC source: 0000950170-23-051553 · ownership.xml · derivative · entry 7

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners, L.P.

Disclosed balance after: 0

Underlying: Class A Common Stock · 10,527 shares

Expires not disclosed

F13 · derivative.exercise_price: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F14 · kind: SunTx Partners GP distributed these shares for no consideration.

F13 · derivative.exercise_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F13 · derivative.expiration_date: Each share of Class B common stock, par value $0.001 per share ("Class B common stock"), is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F8 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F9 · ownership.nature: (Continued from Footnote 8) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F10 · ownership.nature: (Continued from Footnote 9) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F15 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners GP.

SEC source: 0000950170-23-049188 · ownership.xml · nonDerivative · entry 4

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II Dutch Investors, L.P.

Disclosed balance after: 217,417

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.52 to $36.15. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (7) to this Form 4.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F8 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners Dutch LP.

SEC source: 0000950170-23-049188 · ownership.xml · nonDerivative · entry 3

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II Dutch Investors, L.P.

Disclosed balance after: 219,303

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.91 to $35.51. The reporting persons undertake to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F8 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners Dutch LP.

SEC source: 0000950170-23-049188 · ownership.xml · nonDerivative · entry 2

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II, L.P.

Disclosed balance after: 395,647

F7 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.52 to $36.15. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (7) to this Form 4.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F6 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners II.

SEC source: 0000950170-23-049188 · ownership.xml · nonDerivative · entry 1

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners II, L.P.

Disclosed balance after: 399,363

F1 · security: This Form 4 is filed jointly by Ned N. Fleming, III, Craig Jennings, Mark R. Matteson, SunTx Fulcrum Fund Prime, L.P. ("SunTx Fulcrum Fund"), SunTx Capital Partners, L.P. ("SunTx Partners GP"), SunTx Capital Management Corp. ("SunTx Capital Management"), SunTx Capital Partners II, L.P. ("SunTx Partners II"), SunTx Capital Partners II Dutch Investors, L.P. ("SunTx Partners Dutch LP"), and SunTx Capital II Management Corp. ("SunTx Capital II Management," and collectively, the "Reporting Persons").

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.91 to $35.51. The reporting persons undertake to provide to Construction Partners, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3 · ownership.nature: The general partner of SunTx Fulcrum Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F6 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners II.

SEC source: 0000950170-23-029936 · ownership.xml · derivative · entry 25

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SunTx Fulcrum Dutch Investors Prime, L.P. · CIK 0001711005 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By AMDG Associates Limited Partnership

Disclosed balance after: 628,715

Underlying: Class A Common Stock · 13,243 shares

Expires not disclosed

F20 · derivative.exercise_price: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F11 · kind: SunTx Partners GP distributed these shares for no consideration.

F20 · derivative.exercise_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · derivative.expiration_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F23 · ownership.nature: These securities of the Issuer are directly held by AMDG Associates Limited Partnership, a limited partnership controlled by Mark R. Matteson. Mr. Matteson may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Matteson disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Matteson is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-029936 · ownership.xml · derivative · entry 24

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SunTx Fulcrum Dutch Investors Prime, L.P. · CIK 0001711005 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By CJCT Associates Limited Partnership

Disclosed balance after: 451,178

Underlying: Class A Common Stock · 9,399 shares

Expires not disclosed

F20 · derivative.exercise_price: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F11 · kind: SunTx Partners GP distributed these shares for no consideration.

F20 · derivative.exercise_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · derivative.expiration_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F22 · ownership.nature: These securities of the Issuer are directly held by CJCT Associates Limited Partnership, a limited partnership controlled by Craig Jennings. Mr. Jennings may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Jennings disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Jennings is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-029936 · ownership.xml · derivative · entry 23

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SunTx Fulcrum Dutch Investors Prime, L.P. · CIK 0001711005 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Malachi Holdings Limited Partnership

Disclosed balance after: 1,767,450

Underlying: Class A Common Stock · 43,408 shares

Expires not disclosed

F20 · derivative.exercise_price: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F11 · kind: SunTx Partners GP distributed these shares for no consideration.

F20 · derivative.exercise_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · derivative.expiration_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F21 · ownership.nature: These securities of the Issuer are directly held by Malachi Holdings Limited Partnership, a limited partnership controlled by Ned N. Fleming, III. Mr. Fleming may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Fleming disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Fleming is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-029936 · ownership.xml · derivative · entry 22

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SunTx Fulcrum Dutch Investors Prime, L.P. · CIK 0001711005 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By Malachi Holdings Limited Partnership

Disclosed balance after: 1,724,042

Underlying: Class A Common Stock · 23,243 shares

Expires not disclosed

F20 · derivative.exercise_price: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F9 · kind: SunTx Fulcrum Fund distributed these shares for no consideration.

F20 · derivative.exercise_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · derivative.expiration_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F21 · ownership.nature: These securities of the Issuer are directly held by Malachi Holdings Limited Partnership, a limited partnership controlled by Ned N. Fleming, III. Mr. Fleming may be deemed to beneficially own securities of the Issuer held by such limited partnership. Mr. Fleming disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Fleming is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act or for any other purpose.

SEC source: 0000950170-23-029936 · ownership.xml · derivative · entry 21

SunTx Capital Management Corp. · CIK 0001739424 · Director · 10% owner

Fleming Ned N III · CIK 0001707712 · Director · 10% owner

Jennings Craig · CIK 0001739383 · Director

Matteson Mark R · CIK 0001739134 · Director

SunTx Fulcrum Fund Prime, L.P. · CIK 0001702326 · Director · 10% owner

SUNTX CAPITAL PARTNERS L P · CIK 0001208091 · Director · 10% owner

SunTx Fulcrum Dutch Investors Prime, L.P. · CIK 0001711005 · Director · 10% owner

SUNTX CAPITAL PARTNERS II LP · CIK 0001437408 · Director · 10% owner

SUNTX CAPITAL PARTNERS II DUTCH INVESTORS LP · CIK 0001437404 · Director · 10% owner

SunTx Capital II Management Corp. · CIK 0001833038 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · By SunTx Capital Partners, L.P.

Disclosed balance after: 10,527

Underlying: Class A Common Stock · 325,840 shares

Expires not disclosed

F20 · derivative.exercise_price: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F11 · kind: SunTx Partners GP distributed these shares for no consideration.

F20 · derivative.exercise_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F20 · derivative.expiration_date: Each share of Class B common stock is convertible into one share of Class A common stock (i) at any time at the option of the holder or (ii) upon any transfer, except for certain transfers described in the Issuer's amended and restated certificate of incorporation. In addition, upon the election of the holders of a majority of the then-outstanding shares of Class B common stock, all outstanding shares of Class B common stock will be converted into shares of Class A common stock. The holders of Class A common stock and Class B common stock vote as a single class on all matters submitted to a vote of stockholders. The holders of Class A common stock are entitled to one vote per share, and the holders of the Class B common stock are entitled to 10 votes per share. The shares of Class B common stock do not expire.

F3 · ownership.nature: The general partner of each of SunTx Fulcrum Fund and SunTx Fulcrum Dutch Fund is SunTx Partners GP. The general partner of SunTx Partners GP is SunTx Capital Management. The general partner of each of SunTx Partners II and SunTx Partners Dutch LP (SunTx Partners Dutch LP, SunTx Fulcrum Fund, SunTx Fulcrum Dutch Fund, and SunTx Partners II are collectively referred to herein as the "SunTx Funds") is SunTx Capital Partners II GP, L.P. ("SunTx Partners II GP"). The general partner of SunTx Partners II GP is SunTx Capital II Management (SunTx Capital II Management, SunTx Partners GP, SunTx Capital Management, and SunTx Partners II GP, are referred to herein as the "SunTx Group").

F4 · ownership.nature: (Continued from Footnote 3) Mr. Fleming, a director of the Issuer, is the sole shareholder and director of SunTx Capital Management and the majority shareholder and sole director of SunTx Capital II Management. Mr. Jennings and Mr. Matteson, each a director of the Issuer, are each executive officers of SunTx Capital Management and shareholders of SunTx Capital II Management. Mr. Fleming, Mr. Jennings, and Mr. Matteson may each be deemed to beneficially own securities of the Issuer held by certain entities in the SunTx Group, and each of SunTx Partners GP, SunTx Capital Management, SunTx Partners II GP, and SunTx Capital II Management may be deemed to beneficially own securities of the Issuer held by certain entities of the SunTx Funds.

F5 · ownership.nature: (Continued from Footnote 4) Each such entity and person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

F10 · ownership.nature: These securities of the Issuer are directly held by SunTx Partners GP.