Form 4: Great Lakes Dredge & Dock Corp Executive David Johanson Reports Changes in Beneficial Ownership

David Johanson, SVP at Great Lakes Dredge & Dock Corp, reports changes in his beneficial ownership of company stock due to tax withholding related to vesting of restricted stock.

Summary

• On May 5, 2025, David Johanson, SVP-Project Acquisition & Ops at Great Lakes Dredge & Dock CORP [GLDD], had changes in his beneficial ownership of common stock.
• These changes resulted from the disposition of shares to cover tax obligations.
• Specifically, 547 shares were disposed of at a price of $9.54, resulting in a new total of 91,162.2594 shares owned directly.
• An additional 117 shares were disposed of at a price of $9.54, resulting in a new total of 91,045.2594 shares owned directly.
• An additional 63 shares were disposed of at a price of $9.54, resulting in a new total of 90,982.2594 shares owned directly.
• An additional 98 shares were disposed of at a price of $9.54, resulting in a new total of 90,884.2594 shares owned directly.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.

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 transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.

Key Dates

Keywords

beneficial ownership, Form 4, GLDD, Great Lakes Dredge & Dock, David Johanson, stock, SVP