Form 4: Great Lakes Dredge & Dock Director Acquires Shares
SEC Form 4 Filing
D. Michael Steuert, a director at Great Lakes Dredge & Dock CORP, acquired 1,899 shares of common stock on September 30, 2024.
Summary
- On September 30, 2024, D. Michael Steuert, a director of Great Lakes Dredge & Dock CORP, acquired 1,899 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Steuert directly owns 84,678 shares of the company's common stock.
- A Power of Attorney was granted to Ryan M. Bayer, Vivienne R. Schiffer and/or Cheryle A. Stone to handle Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard insider transaction disclosure.
Positives
- A director increasing their holdings in the company can be seen as a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of stock acquisition and Power of Attorney execution. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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