HANSON WILLIAM H 4

What Happened
William H. Hanson, Senior Vice President, Market Development at Great Lakes Dredge & Dock (GLDD), had performance-based restricted stock units (RSUs) vest on March 16, 2026. The filing shows two awards totaling 13,095 shares (7,853 and 5,242). To cover withholding tax obligations, 4,859 shares were withheld (reported as dispositions under code F) at an indicated price of $16.93 per share, producing withholding value of $82,263. Net to Hanson after withholding: 8,236 shares retained.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely).
• Awarded shares: 7,853 (per F2) and 5,242 (per F1) = 13,095 total (codes A).
• Withheld for taxes (dispositions, code F): 1,030, 1,913, 639 and 1,277 shares (total 4,859) at $16.93 each; combined withholding value $82,263.
• Net change to holdings from this event: +8,236 shares (13,095 awarded − 4,859 withheld).
• Footnotes: F1 = performance RSUs granted 3/15/2023; F2 = performance RSUs granted 3/15/2024 (vesting due to satisfaction of performance conditions).
• Filing timeliness: Reported within two business days of the transaction (not marked late).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• These entries reflect RSU vesting and tax-withholding, not an open-market sale. Withholding shares are commonly used to satisfy tax obligations and do not necessarily indicate the insider sold shares for cash.
• The event is a net acquisition of shares for the insider (8,236 shares added). For retail investors, vested RSUs are compensation-related and show management receiving stock, but they don't directly reveal the insider's view on the company's near-term stock prospects.