Form 4: Great Lakes Dredge & Dock Corp. Executive Eleni Beyko Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Eleni Beyko, SVP at Great Lakes Dredge & Dock Corp., disposed of 8,088 shares of common stock on April 24, 2025, to cover tax obligations.

Summary

  • On April 24, 2025, Eleni Beyko, a Senior Vice President at Great Lakes Dredge & Dock Corp (GLDD), disposed of 8,088 shares of common stock.
  • The transaction was executed at a price of $9.06 per share.
  • Following the transaction, Beyko directly owns 74,175 shares of GLDD common stock.
  • The disposal was related to covering tax obligations.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock transaction. The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook on the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

  • The transaction itself is unlikely to have a significant impact on stakeholders, as it is a relatively small number of shares being disposed of by one executive.

Key Dates

DateDescription
04/24/2025Date of stock disposal transaction
04/28/2025Date of signature on the Form 4 filing

Keywords

GLDD, Great Lakes Dredge & Dock Corp, Form 4, Eleni Beyko, Stock Disposal, Insider Trading

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