Form 4: Great Lakes Dredge & Dock Corp. SVP Eleni Beyko Sells Shares Under 10b5-1 Plan

Eleni Beyko, SVP of Offshore Energy at Great Lakes Dredge & Dock Corp., sold 22,579 shares of common stock at an average price of $10.2573 per share on May 6, 2025, under a pre-arranged trading plan.

Summary

• On May 6, 2025, Eleni Beyko, SVP Offshore Energy at Great Lakes Dredge & Dock Corp., sold 22,579 shares of common stock.
• The sale was executed at a weighted average price of $10.2573 per share.
• The transactions occurred in multiple trades with prices ranging from $10.00 to $10.495.
• The sale was conducted under a Rule 10b5-1 trading plan adopted on November 13, 2024.
• Following the transaction, Beyko directly owns 50,138 shares of Great Lakes Dredge & Dock Corp.
• The reporting person will provide information regarding the number of shares disposed at each separate price upon request by the Commission staff, the issuer or security holder of the issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports an insider stock sale under a pre-arranged trading plan, which doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Insider sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on recent market information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares sold.

Key Dates

Keywords

Form 4, GLDD, Great Lakes Dredge & Dock Corp, Eleni Beyko, insider trading, stock sale, Rule 10b5-1, SVP Offshore Energy