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Great Lakes Dredge & Dock CORP·4/A

Mar 25, 5:14 PM ET

BAYER RYAN 4/A

Research Summary

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Great Lakes Dredge & Dock (GLDD) VP Ryan Bayer Receives Award

What Happened
Ryan Bayer (VP & CAO) was granted 10,126 restricted stock units (RSUs) on May 8, 2025. The Form 4/A reports the award as an acquisition (code A); no purchase price is recorded because RSUs are awards that convert to shares on vesting. No immediate sale or cash transaction occurred.

Key Details

  • Transaction date: 2025-05-08 (award of 10,126 RSUs)
  • Filing: Amended Form 4 (filed 2026-03-25) correcting an administrative error in the original Form 4 filed May 12, 2025. The amendment fixes the vesting start date.
  • Correct vesting start date: May 8, 2026 (was incorrectly reported as March 15, 2026 in the original filing) — see footnote.
  • Price: N/A (RSU award; no cash purchase)
  • Shares owned after transaction: Not specified in this filing.
  • Timeliness: This is an amended filing to correct the vesting date; the amendment was filed months after the original report.

Context
RSUs are grants that convert into actual shares only as they vest; they are not open-market purchases or sales and therefore do not indicate an immediate bullish or bearish trade. The amendment here only corrects the reported vesting start date; it does not change the number of RSUs granted.