Form 4: Great Lakes Dredge & Dock Director Ronald Steger Reports Beneficial Ownership Changes

Director Ronald Steger reports changes in beneficial ownership of Great Lakes Dredge & Dock CORP stock, including the acquisition of deferred stock units.

Summary

• Ronald Steger, a director of Great Lakes Dredge & Dock CORP, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report indicates that on December 31, 2024, Mr. Steger acquired 2,093 Deferred Stock Units (DSUs) under the company's Director Deferral Plan.
• These DSUs are payable in common stock on a 1-for-1 basis when Mr. Steger's board service ends.
• Following the reported transaction, Mr. Steger beneficially owns 25,404 shares of common stock directly and 33,592 Deferred Stock Units.
• The DSUs were granted at a price of $0.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The DSUs will be payable in common stock on a 1-for-1 basis on the date upon which Mr. Steger's board service ends.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates