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

Eleni Beyko, SVP at Great Lakes Dredge & Dock Corp, reported the disposal of common stock to cover tax obligations.

Summary

• On May 5, 2025, Eleni Beyko, SVP of Offshore Energy at Great Lakes Dredge & Dock CORP [GLDD], 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 Beyko's direct ownership of GLDD common stock, from 74,147 to 72,717 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the buying and selling activities of company executives and directors, which can be indicative of their confidence in the company's prospects.

Stakeholder Impact

• The stock disposal by a company executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.
• The impact on other stakeholders is likely minimal.

Key Dates

Keywords

GLDD, Great Lakes Dredge & Dock, Form 4, Beneficial Ownership, Stock Disposal, Eleni Beyko, SVP, Offshore Energy