Form 4: Great Lakes Dredge & Dock Corp: Executive William H. Hanson Reports Changes in Beneficial Ownership

William H. Hanson, SVP of Market Development at Great Lakes Dredge & Dock Corp, reports changes in beneficial ownership of common stock due to tax withholding.

Summary

• On May 5, 2025, William H. Hanson, SVP of Market Development at Great Lakes Dredge & Dock Corp (GLDD), reported changes in his beneficial ownership of the company's common stock.
• The transactions involved the disposal of 366 and 234 shares of common stock at a price of $9.54 per share.
• These disposals were likely related to the satisfaction of tax obligations.
• Following these transactions, Hanson directly owns 60,740 shares of GLDD common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Form 4) detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, as it simply reports transactions. The sentiment is neutral.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates activity by a senior executive at Great Lakes Dredge & Dock, a company in the dredging and marine construction industry.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they involve a relatively small number of shares and are related to tax obligations.

Key Dates

Keywords

beneficial ownership, Form 4, GLDD, Great Lakes Dredge & Dock, William H. Hanson, SVP Market Development, common stock, tax withholding