Form 4: Great Lakes Dredge & Dock Corp: Officer Schiffer Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Vivienne Schiffer, SVP, CLO, CCO & Corporate Secretary of Great Lakes Dredge & Dock Corp, reports disposing of shares to cover tax obligations.

Summary

  • On May 5, 2025, Vivienne Schiffer, an officer of Great Lakes Dredge & Dock CORP, disposed of 1,070 and 683 shares of common stock to satisfy tax obligations.
  • The transactions were executed at a price of $9.54 per share.
  • Following these transactions, Schiffer directly owns 64,146 shares of Great Lakes Dredge & Dock CORP.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.

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 transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.

Key Dates

DateDescription
05/05/2025Date of stock disposal transactions.
05/07/2025Date of signature on the Form 4 filing.

Keywords

Form 4, GLDD, Great Lakes Dredge & Dock CORP, Vivienne Schiffer, Stock Disposal, Beneficial Ownership, Officer Transaction

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