Great Lakes Dredge & Dock (GLDD) awards 19,149 RSUs to senior executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Great Lakes Dredge & Dock Corp executive receives stock award. On February 23, 2026, SVP, CLO, CCO & Corporate Secretary Vivienne Schiffer acquired 19,149 shares of Great Lakes Dredge & Dock common stock through a grant or award at a stated price of $0.00 per share.
These shares are in the form of restricted stock units that vest in three equal annual installments beginning on February 23, 2027, aligning the award with multi-year performance and retention. After this grant, Schiffer directly holds a total of 101,330 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schiffer Vivienne
Role
SVP, CLO, CCO & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,149 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 101,330 shares (Direct)
Footnotes (1)
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FAQ
What did Great Lakes Dredge & Dock (GLDD) insider Vivienne Schiffer report on this Form 4?
Vivienne Schiffer reported receiving 19,149 shares of Great Lakes Dredge & Dock common stock as a grant or award. The award increased her direct holdings to 101,330 shares, reflecting equity-based compensation rather than an open-market stock purchase.
What type of equity award did GLDD grant to Vivienne Schiffer?
The award to Vivienne Schiffer consists of restricted stock units representing 19,149 shares of Great Lakes Dredge & Dock common stock. These units are subject to vesting conditions over time, meaning the underlying shares are earned gradually rather than all at once.
When do Vivienne Schiffer’s restricted stock units in Great Lakes Dredge & Dock vest?
Vivienne Schiffer’s restricted stock units vest in three equal annual installments beginning on February 23, 2027. This schedule spreads vesting over three years, creating a multi-year incentive and retention mechanism tied to her continued service with the company.
What is Vivienne Schiffer’s total direct ownership in Great Lakes Dredge & Dock after this award?
After receiving the 19,149-share grant, Vivienne Schiffer directly holds 101,330 shares of Great Lakes Dredge & Dock common stock. This total includes the newly granted restricted stock units, reflecting her enlarged equity stake as a senior executive of the company.