Great Lakes Dredge & Dock (GLDD) SVP equity award corrected in Form 4/A filing
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
BEYKO ELENI reported acquisition or exercise transactions in this Form 4 filing.
Great Lakes Dredge & Dock Corp reported a routine equity award for SVP – Offshore Energy Eleni Beyko. On May 8, 2025, she received a grant of 15,376 shares of Common Stock at no purchase price as a compensation award, bringing her direct holdings to 105,514 shares.
This Form 4/A amends an earlier filing to fix an administrative error in the vesting schedule for the related Restricted Stock Units. The original filing listed vesting as beginning on March 15, 2026; the corrected vesting start date is May 8, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BEYKO ELENI
Role
SVP - Offshore Energy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,376 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,514 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GLDD report for Eleni Beyko?
Great Lakes Dredge & Dock reported that SVP – Offshore Energy Eleni Beyko received a grant of 15,376 shares of Common Stock on May 8, 2025. The shares were awarded at no purchase price as part of her compensation package.
Why did Great Lakes Dredge & Dock file this Form 4/A amendment?
The company filed this Form 4/A to correct an administrative error in a prior Form 4. The original report showed the Restricted Stock Units vesting beginning March 15, 2026, but the correct vesting start date is May 8, 2026.
Was the GLDD insider transaction a market purchase or sale?
The transaction was not a market trade. It was a grant or award acquisition of 15,376 shares at a price of $0.00 per share, classified as compensation rather than an open-market buy or sell transaction.
What does the corrected vesting date mean for GLDD’s Restricted Stock Units?
The corrected disclosure states that the Restricted Stock Units begin vesting on May 8, 2026. Previously, the vesting start date was mistakenly reported as March 15, 2026, so this amendment aligns the vesting schedule with the actual terms.