Great Lakes Dredge (GLDD) SVP gets 8,237-share grant, fixes RSU date
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Great Lakes Dredge & Dock Corp senior vice president of market development William H. Hanson reported an acquisition of 8,237 shares of common stock as a grant or award on May 8, 2025, at no purchase price. After this grant, he directly holds 68,977 shares. The amended filing also corrects an earlier administrative error by stating that the related restricted stock units begin vesting on May 8, 2026, rather than March 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HANSON WILLIAM H
Role
SVP, Market Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,237 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,977 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GLDD executive William H. Hanson report?
William H. Hanson reported receiving 8,237 shares of Great Lakes Dredge & Dock common stock as a grant or award on May 8, 2025, at no purchase price, increasing his direct holdings to 68,977 shares after the transaction.
Is the GLDD Form 4/A filing a buy or a compensation grant?
The GLDD Form 4/A reflects a compensation-related grant or award, not an open-market purchase. Hanson received 8,237 shares of common stock at a price of $0.00 per share, which is typical for equity compensation rather than a discretionary stock purchase.
What administrative error does the GLDD Form 4/A correct?
The amended filing corrects a previously reported vesting date for restricted stock units. The original Form 4 stated vesting began March 15, 2026, but the corrected Form 4/A clarifies the proper vesting start date is May 8, 2026 for those units.
Does the GLDD Form 4/A mention restricted stock unit vesting?
Yes. A footnote explains that the filing corrects the vesting date for restricted stock units. The correct vesting date begins on May 8, 2026, replacing the inadvertently reported date of March 15, 2026 in the earlier Form 4.