GLDD.Great Lakes Dredge & Dock CORP

4/A: GLDD Executive Corrects RSU Vesting Date Filing

Sentiment:

Insider Transaction Amendment

📋All filings for Great Lakes Dredge & Dock CORP
🔒Login to Follow

An amended SEC Form 4 reveals a correction to the vesting schedule for Restricted Stock Units held by a Great Lakes Dredge & Dock Corp. executive.

Summary

  • David Johanson, SVP-Project Acquisition & Ops at Great Lakes Dredge & Dock Corp. (GLDD), filed an amended Form 4.
  • The amendment corrects an administrative error in the original Form 4 filed on May 12, 2025.
  • The original filing incorrectly stated the vesting date for Restricted Stock Units (RSUs) as beginning on March 15, 2026.
  • The correct vesting date for these RSUs is May 8, 2026.
  • On May 8, 2025, Johanson acquired 13,179 shares of common stock.
  • Following this transaction, Johanson beneficially owns 104,063.2594 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is an administrative correction to an insider filing and does not indicate any operational or financial changes for the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that this administrative correction to an insider transaction filing is a routine compliance matter and does not reflect on broader industry trends or competitive landscape within the dredging and marine construction sector.

Key Dates

DateDescription
05/08/2025Date of earliest transaction (acquisition of common stock by David Johanson).
05/12/2025Date the original Form 4 was filed, containing the administrative error.
03/15/2026Incorrectly reported vesting start date for Restricted Stock Units in the original filing.
03/25/2026Signature date of the amended Form 4/A.
05/08/2026Corrected vesting start date for Restricted Stock Units.

Recommendation

hold

The filing is an administrative correction regarding an executive's Restricted Stock Unit vesting date and does not provide new material information that would warrant a change in investment recommendation. It is a routine compliance update.

Keywords

Great Lakes Dredge & Dock, GLDD, Form 4/A, SEC filing, insider transaction, Restricted Stock Units, RSU, vesting date, David Johanson, beneficial ownership

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.