Form 4: Great Lakes Dredge & Dock Corp: Officer Schiffer Reports Acquisition of Restricted Stock Units

Vivienne Schiffer, SVP, CLO, CCO & Corporate Secretary of Great Lakes Dredge & Dock Corp, reports the acquisition of 18,035 restricted stock units.

Summary

• On May 8, 2025, Vivienne Schiffer, SVP, CLO, CCO & Corporate Secretary of Great Lakes Dredge & Dock CORP [GLDD], acquired 18,035 shares of Common Stock.
• These shares were acquired in the form of restricted stock units.
• Following the transaction, Schiffer directly owns 82,181 shares of Common Stock.
• The restricted stock units vest in three equal annual installments beginning on March 15, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of stock units by an officer is generally viewed as a positive sign, but it's a routine occurrence.

Positives

• The acquisition of restricted stock units by an officer may indicate confidence in the company's future performance.

Future Outlook

The vesting schedule of the restricted stock units suggests a multi-year alignment of the officer's interests with the company's performance.

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 transaction provides transparency to shareholders regarding insider activity.
• The vesting schedule aligns management's interests with long-term shareholder value.

Key Dates

Keywords

Form 4, insider trading, restricted stock units, GLDD, Great Lakes Dredge & Dock, beneficial ownership, Vivienne Schiffer