GLDD (GLDD) SVP awarded 8.743 restricted stock units vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Great Lakes Dredge & Dock CORP senior vice president granted stock units
SVP of Market Development William H. Hanson acquired 8.743 shares of Great Lakes Dredge & Dock common stock through a grant of restricted stock units at a stated price of $0.00 per share. These units vest in three equal annual installments beginning on February 23, 2027, bringing his directly held total to 68,985.743 shares.
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 | 8.743 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,985.743 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GLDD report for William H. Hanson?
Great Lakes Dredge & Dock reported that SVP of Market Development William H. Hanson acquired 8.743 shares of common stock via a grant of restricted stock units. The grant carried a stated price of $0.00 per share and increased his directly held total to 68,985.743 shares.
What type of security was granted to GLDD executive William H. Hanson?
The transaction involved Great Lakes Dredge & Dock common stock delivered through restricted stock units. These restricted units convert into common shares as they vest, aligning the senior vice president’s compensation more closely with company performance over the specified vesting schedule.
When do William H. Hanson’s new GLDD restricted stock units vest?
The restricted stock units granted to William H. Hanson vest in three equal annual installments beginning on February 23, 2027. Each year, one-third of the units will vest, gradually converting into common shares according to the schedule described in the insider transaction footnote.
Was the GLDD insider grant to William H. Hanson a market purchase?
No, the reported transaction was a grant or award acquisition of restricted stock units with a stated price of $0.00 per share. It was not an open-market purchase, but rather part of equity-based compensation awarded to the Great Lakes Dredge & Dock executive.
What role does William H. Hanson hold at Great Lakes Dredge & Dock (GLDD)?
William H. Hanson serves as Senior Vice President, Market Development, at Great Lakes Dredge & Dock. His Form 4 insider report reflects equity-based compensation in the form of restricted stock units tied to the company’s common stock, aligning his interests with shareholders.