Great Lakes Dredge & Dock Corp: Executive Compensation Details
Ticker: GLDD · Form: DEF 14A · Filed: Mar 26, 2025 · CIK: 1372020
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards
TL;DR
GLDD DEF 14A out: exec comp & equity awards for 2020-2024 detailed.
AI Summary
Great Lakes Dredge & Dock Corp filed a DEF 14A on March 26, 2025, detailing executive compensation and equity awards for the fiscal years ending December 31, 2020, 2021, and 2023. The filing includes information on the change in fair value of outstanding equity awards for non-principal executive officers (non-PEO) in 2024 and the vesting date for equity awards granted and vested in covered years for PEO members in 2023.
Why It Matters
This filing provides transparency into how Great Lakes Dredge & Dock Corp compensates its top executives, which can influence investor decisions and perceptions of corporate governance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not present new material risks.
Key Numbers
- 2020-2024 — Fiscal Years Covered (Information pertains to executive compensation and equity awards across these years.)
- 20250326 — Filing Date (The date the DEF 14A was filed with the SEC.)
Key Players & Entities
- Great Lakes Dredge & Dock Corp (company) — Filer of the DEF 14A
- Great Lakes Dredge & Dock Holdings Corp. (company) — Former name of the company
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an annual or special meeting of shareholders. It provides detailed information about matters to be voted on, including executive compensation, director elections, and other corporate governance issues.
What specific fiscal years are covered by the equity award information in this filing?
The filing provides information for the fiscal years ending December 31, 2020, 2021, and 2023, with additional data points for 2024 regarding changes in fair value of outstanding equity awards.
Who are the 'PEO Member' and 'Non-PEO Neo Member' mentioned in the filing?
PEO typically refers to Principal Executive Officer, and Non-PEO Neo Member refers to other Named Executive Officers who are not the Principal Executive Officer. The filing distinguishes compensation and award details for these groups.
What does 'VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember' signify?
This refers to the Vesting Date for the Fair Value of Equity Awards Granted and Vested in Covered Years for a specific member (likely an executive), indicating when awards become exercisable and their value at that time.
What is the company's Standard Industrial Classification (SIC) code?
The company's SIC code is 1600, which falls under 'HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS'.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 26, 2025 regarding Great Lakes Dredge & Dock CORP (GLDD).