Great Lakes Dredge & Dock CORP 8-K

What Happened
Great Lakes Dredge & Dock Corporation (GLDD) filed an 8-K (Item 5.02) on March 20, 2026, reporting that David J. Johanson, Senior Vice President, Project Acquisition and Operations, will retire effective March 27, 2026. The company and Mr. Johanson are expected to enter into a retirement agreement that provides for continued vesting of his equity awards.

Key Details

• Filing date: March 20, 2026 (Form 8-K, Item 5.02).
• Executive: David J. Johanson, Senior Vice President, Project Acquisition and Operations.
• Effective retirement date: March 27, 2026.
• Compensation provision disclosed: expected retirement agreement providing continued vesting of equity awards.

Why It Matters
Executive departures can affect project leadership and continuity, especially for a senior officer responsible for project acquisition and operations. For investors, the most concrete item disclosed is that Mr. Johanson is expected to continue vesting in his equity awards under a retirement agreement; the filing does not provide additional financial terms or name a successor. Monitor future filings or company announcements for details on succession, operational impact, or any further compensation arrangements.