Form 4: Great Lakes Dredge & Dock Director Sells 12,000 Shares

A director at Great Lakes Dredge & Dock Corp sold 12,000 shares of common stock at a price of $12.76 per share on November 11, 2024.

Summary

• Ronald Steger, a director at Great Lakes Dredge & Dock Corp, sold 12,000 shares of common stock on November 11, 2024.
• The sale price was $12.76 per share.
• Following the transaction, Mr. Steger directly owns 25,404 shares of Great Lakes Dredge & Dock Corp.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an insider transaction and is common for publicly traded companies. It does not indicate any specific trend in the dredging industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is similar to those of other companies with similar reporting requirements.
• There are no specific industry benchmarks to compare this transaction to, as it is an individual director's sale of shares.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Form 4, insider trading, stock sale, GLDD, Great Lakes Dredge & Dock, director, Ronald Steger