Form 4: Great Lakes Dredge & Dock CEO Acquires 25,000 Shares of Common Stock
SEC Form 4 Filing
Lasse Petterson, CEO and President of Great Lakes Dredge & Dock, reports the acquisition of 25,000 shares of common stock on July 14, 2022.
Summary
- On July 14, 2022, Lasse Petterson, the CEO & President of Great Lakes Dredge & Dock CORP [GLDD], acquired 25,000 shares of common stock.
- The acquisition was made directly.
- Following the transaction, Petterson beneficially owns 1,151,566.34 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by the CEO. While insider buying can be seen as positive, it's a single transaction and doesn't provide enough information to strongly indicate a positive outlook.
Positives
- The CEO's acquisition of shares could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and directors, which can be informative for investors.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/14/2022 | Date of transaction: Lasse Petterson acquired 25,000 shares of common stock. |
| 03/01/2024 | Signature date of the report by Vivienne R. Schiffer, by Power of Attorney. |
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.