Form 4: Great Lakes Dredge & Dock Director Sells 15,936 Shares

A director at Great Lakes Dredge & Dock Corp. sold 15,936 shares of common stock at an average price of $12.0356.

Summary

• Lawrence R. Dickerson, a director at Great Lakes Dredge & Dock Corp., sold 15,936 shares of common stock on November 14, 2024.
• The sale was executed at a weighted average price of $12.0356 per share.
• The shares were sold in multiple transactions with prices ranging from $12.000 to $12.185.
• Following the transaction, Mr. Dickerson beneficially owns 82,148 shares of Great Lakes Dredge & Dock Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction and does not necessarily indicate a change in the company's outlook or performance. It is common for directors to buy and sell shares for various personal financial reasons.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading disclosures.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but it is not expected to significantly affect the company's operations or financial performance.

Key Dates

Keywords

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