Great Lakes Dredge & Dock (GLDD) SVP receives 13,988-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Great Lakes Dredge & Dock Corp reported that senior vice president Christopher Gunsten acquired 13,988 shares of common stock on February 23, 2026 through a restricted stock unit award. These units vest in three equal annual installments beginning on February 23, 2027, bringing his directly held shares to 99,940.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GUNSTEN CHRISTOPHER
Role
SVP-Proj Svcs & Fleet Engineer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,988 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 99,940 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did GLDD report for Christopher Gunsten?
Christopher Gunsten received 13,988 shares of Great Lakes Dredge & Dock common stock as a restricted stock unit award. The grant was reported as an acquisition under a Form 4 insider transaction on February 23, 2026, with no cash price per share.
How do the GLDD restricted stock units for Christopher Gunsten vest?
The 13,988 restricted stock units vest in three equal annual installments. Vesting begins on February 23, 2027, meaning one-third of the award becomes unrestricted each year over three years, assuming any applicable service or other conditions are satisfied.
Was the GLDD insider award to Christopher Gunsten an open-market purchase?
No, the transaction was reported as a grant or award, not an open-market purchase. The price per share is shown as $0.0000, indicating equity compensation rather than a cash purchase on the public market by the executive.
What role does Christopher Gunsten hold at Great Lakes Dredge & Dock (GLDD)?
Christopher Gunsten serves as Senior Vice President, Project Services & Fleet Engineer at Great Lakes Dredge & Dock. The reported Form 4 transaction reflects an equity award tied to this executive role, structured as restricted stock units in company common stock.