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Scott Lee Kornblau, SVP & CFO of Great Lakes Dredge & Dock CORP (NASDAQ:GLDD), sold 59,805 shares of common stock on August 11, 2025, according to a Form 4 filing with the Securities and Exchange Commission.
The shares were sold at a weighted average price of $11.476, for a total value of $686,322. Prices for the shares sold ranged from $11.36 to $11.68. Following the transaction, Kornblau directly owns 112,130.24 shares of Great Lakes Dredge & Dock CORP.
The sale was executed under a Rule 10b5-1 trading plan adopted on May 9, 2025. Get exclusive access to more detailed insider trading analysis and 5 additional ProTips for GLDD through InvestingPro.
In other recent news, Great Lakes Dredge & Dock reported its second-quarter 2025 earnings, surpassing market expectations. The company achieved an earnings per share of $0.14, which exceeded the forecasted $0.1075 by 30.23%. Additionally, Great Lakes Dredge & Dock reported revenues of $193.8 million, surpassing the anticipated $178.08 million. These results highlight the company’s strong financial performance in the recent quarter. Following these announcements, analysts have taken note of the company’s robust earnings and revenue figures. The company did not announce any mergers or acquisitions during this period. There have been no recent analyst upgrades or downgrades reported for Great Lakes Dredge & Dock. Investors remain attentive to these developments as they consider the company’s future prospects.
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