Form 4: Great Lakes Dredge & Dock Corp. Executive Acquires Shares

David Johanson, SVP at Great Lakes Dredge & Dock Corp., reports acquisition of common stock and restricted stock units.

Summary

• On May 8, 2025, David Johanson, SVP-Project Acquisition & Ops at Great Lakes Dredge & Dock Corp, acquired 13,179 shares of common stock.
• Following the transaction, Johanson directly owns 104,063.2594 shares of common stock.
• The acquisition also included restricted stock units that vest in three equal annual installments starting March 15, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard insider transaction. The acquisition of shares by an executive is generally viewed positively, but without additional context, it's difficult to gauge the overall impact.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock units extends into the future.

Industry Context

Insider transactions are closely monitored in the dredging and marine construction industry as indicators of management's sentiment regarding the company's performance and prospects.

Stakeholder Impact

• Shareholders may view the insider's stock acquisition as a positive signal.
• The transaction has minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Form 4, Beneficial Ownership, GLDD, Great Lakes Dredge & Dock Corp, David Johanson, Stock Acquisition, Restricted Stock Units, Insider Transaction