Form 4: Great Lakes Dredge & Dock Corp. Executive Eleni Beyko Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Eleni Beyko, SVP at Great Lakes Dredge & Dock Corp., reports acquisition and disposal of common stock related to performance-based restricted stock units.
Summary
- On March 17, 2025, Eleni Beyko, SVP of Offshore Energy at Great Lakes Dredge & Dock Corp., reported changes in beneficial ownership of the company's common stock.
- The transactions involved the acquisition of 14,577 shares and 9,803 shares, and the disposal of 2,570 shares, 4,716 shares, 1,594 shares and 3,172 shares of common stock at a price of $8.7.
- These transactions resulted in a final holding of 82,263 shares.
- The acquisitions are related to the satisfaction of performance conditions of restricted stock units granted on March 15, 2023 and March 15, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares indicates that performance conditions for restricted stock units were met, which could be viewed positively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2023 | Date of grant for performance-based restricted stock units. |
| 03/15/2024 | Date of grant for performance-based restricted stock units. |
| 03/17/2025 | Date of transaction and reporting of changes in beneficial ownership. |
| 03/18/2025 | Date of signature for the report. |
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