Form 4: Great Lakes Dredge & Dock Corp: Executive Christopher Gunsten Reports Stock Disposals
SEC Form 4
Christopher Gunsten, SVP-Proj Svcs & Fleet Engineer at Great Lakes Dredge & Dock Corp, reported the disposal of common stock to cover tax obligations.
Summary
- On May 5, 2025, Christopher Gunsten, SVP-Proj Svcs & Fleet Engineer at Great Lakes Dredge & Dock Corp, disposed of several blocks of common stock.
- The disposals were executed at a price of $9.54 per share.
- The transactions resulted in a decrease in Gunsten's holdings, with the total shares owned following the reported transactions amounting to 72,773.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock disposal transactions. |
| 05/07/2025 | Date of signature on the Form 4 filing. |
Keywords
GLDD, Great Lakes Dredge & Dock Corp, Christopher Gunsten, Form 4, Stock Disposal, Insider Trading
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.