4/A: Great Lakes Dredge & Dock Director Amends Filing to Correct Share Issuance

Sentiment:

SEC Filing


Dana A. Armstrong, a director at Great Lakes Dredge & Dock CORP, filed an amendment to a previous Form 4 to correct the number of shares issued due to an administrative error.

Worse than expectedThe document indicates an administrative error in the original filing, which is worse than expected.

Summary

  • Dana A. Armstrong, a director of Great Lakes Dredge & Dock CORP, filed an amended Form 4 with the SEC.
  • The amendment, filed on April 28, 2025, corrects the number of shares issued to Armstrong on March 31, 2025.
  • The original filing inadvertently overstated the number of shares due to an administrative error.
  • The corrected filing shows that Armstrong acquired 2,636 shares of common stock on March 31, 2025, at a price of $0.
  • Following the transaction, Armstrong directly owns 2,636 shares of Great Lakes Dredge & Dock CORP.
  • The filing indicates Armstrong is a director of the company.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a correction of an administrative error, which doesn't necessarily indicate a positive or negative outlook for the company.

Negatives

  • The original filing contained an administrative error, leading to an overstatement of shares issued.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Key Dates

DateDescription
03/31/2025Date of transaction: Acquisition of common stock.
04/01/2025Date of original filing that was amended.
04/28/2025Date of amended filing.

Keywords

Form 4, Amendment, Director, Share Issuance, Great Lakes Dredge & Dock, GLDD, Beneficial Ownership, SEC Filing

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