Form 4: Great Lakes Dredge & Dock Corp: Officer William H. Hanson Reports Stock Disposal

William H. Hanson, SVP of Market Development at Great Lakes Dredge & Dock Corp, reported disposing of 486 shares of common stock on May 6, 2024, to cover tax obligations.

Summary

• On May 7, 2024, a Form 4 filing with the SEC revealed that William H. Hanson, SVP of Market Development at Great Lakes Dredge & Dock CORP [GLDD], disposed of company stock.
• The transaction occurred on May 6, 2024, where 486 shares of common stock were disposed of at a price of $7.04 per share.
• Following the transaction, Hanson directly owns 53,198 shares of Great Lakes Dredge & Dock Corp.
• The disposal was related to covering tax obligations.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction 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. This filing indicates a transaction by an officer of Great Lakes Dredge & Dock Corp.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a company officer.

Key Dates