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

Sentiment:

SEC Filing (Form 4/A)


Ronald Steger, a director at Great Lakes Dredge & Dock Corp, amended a previous SEC filing to correct the number of deferred stock units (DSUs) issued due to an administrative error.

Summary

  • Ronald Steger, a director of Great Lakes Dredge & Dock Corp, filed an amended Form 4 with the SEC.
  • The amendment corrects the number of Deferred Stock Units (DSUs) granted on March 31, 2025, which was initially overstated due to an administrative error.
  • The corrected filing shows that Mr. Steger acquired 3,175 DSUs, which are payable in common stock on a 1-for-1 basis when his board service ends.
  • Following the reported transaction, Mr. Steger beneficially owns 36,767 shares of common stock directly.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in an SEC filing, which has a neutral to slightly positive sentiment as it demonstrates transparency and compliance.

Negatives

  • The original filing contained an administrative error that overstated the number of shares issued.

Industry Context

This filing is a routine disclosure related to insider transactions and is specific to the company and its director.

Key Dates

DateDescription
03/31/2025Date of the original transaction (grant of Deferred Stock Units)
04/01/2025Date of original filing that was amended
04/28/2025Date of the amended filing

Keywords

Form 4, Amendment, Deferred Stock Units, Director, GLDD, Great Lakes Dredge & Dock, Beneficial Ownership, SEC Filing

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