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  • News bot April 1, 2026, 8:15 p.m.

    🔍 BEYKO ELENI (Executive)

    Company: Great Lakes Dredge & Dock CORP (GLDD)

    Report Date: 2026-04-01

    Transaction Summary:

    • Total transactions: 2
    • Derivative instruments: 0
    • Holdings reported: 0
    • Total shares acquired: 25,505
    • Total shares sold: 151,312

    Detailed Transactions and Holdings:

    • Acquired 25,505 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: A | equity_swap_involved: false | shares_owned_after: 151,312.00 | transaction_form_type: 4 | Footnotes: F1, F1, F1
    • Sold 151,312 shares of Common Stock (Direct)
      Date: 2026-04-01 | Code: U | equity_swap_involved: false | transaction_form_type: 4 | Footnotes: F2, F2

    Footnotes:

    • F1: Pursuant to the Merger Agreement (as defined in footnote 2 below), at the Effective Time (as defined in footnote 2 below), these performance-based restricted stock units fully vested, with the number earned or deemed earned as set forth in the Merger Agreement.
    • F2: Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated February 10, 2026, by and among Saltchuk Resources, Inc. ("Parent"), Huron MergeCo, Inc. ("Merger Sub"), and Great Lakes Dredge & Dock Corporation ("Issuer") on April 1, 2026 (the "Effective Time"), Merger Sub merged with and into Issuer, with Issuer surviving as a wholly owned subsidiary of Parent upon consummation of the transactions contemplated by the Merger Agreement. At the Effective Time, each outstanding share of common stock of the Issuer ("Common Stock") was cancelled and converted into the right to receive $17.00 in cash (the "Merger Consideration"), without interest and subject to any required tax withholdings.
    • F3: Includes 77,128 restricted stock units ("RSUs"). At the Effective Time, 61,359 outstanding RSUs were canceled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares of Common Stock underlying such RSUs immediately prior to the Effective Time, multiplied by the Merger Consideration, and 15,769 RSUs were replaced by a cash-based award of equivalent value (based on the Offer Price (as defined in the Merger Agreement)) that is subject to the same time-based vesting conditions as applied to the unvested portion of such award prior to the Effective Time.