Form 4: Great Lakes Dredge & Dock Director Sells Shares

Director Lawrence R. Dickerson sold 5,323 shares of Great Lakes Dredge & Dock Corp. at an average price of $12.609 per share.

Summary

• Lawrence R. Dickerson, a director at Great Lakes Dredge & Dock Corp., sold 5,323 shares of common stock on November 12, 2024.
• The sale was executed at a weighted average price of $12.609 per share.
• The prices for the individual transactions ranged from $12.60 to $12.64.
• Following the transaction, Mr. Dickerson directly owns 98,084 shares of Great Lakes Dredge & Dock Corp.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no inherent 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

• Insider trading activity is a common occurrence in publicly traded companies.
• Form 4 filings are standard practice for reporting such transactions to the SEC.
• The sale of 5,323 shares by a director is not unusual and does not indicate any specific trend compared to other companies.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial performance.

Key Dates

Keywords

insider trading, stock sale, director, GLDD, Great Lakes Dredge & Dock Corp, equity securities