Great Lakes Dredge & Dock Corp: Executive Compensation Details

Ticker: GLDD · Form: DEF 14A · Filed: 2025-03-26T00:00:00.000Z

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'.

From the Filing

0000950170-25-045248.txt : 20250326 0000950170-25-045248.hdr.sgml : 20250326 20250326161606 ACCESSION NUMBER: 0000950170-25-045248 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 88 CONFORMED PERIOD OF REPORT: 20250326 FILED AS OF DATE: 20250326 DATE AS OF CHANGE: 20250326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Great Lakes Dredge & Dock CORP CENTRAL INDEX KEY: 0001372020 STANDARD INDUSTRIAL CLASSIFICATION: HEAVY CONSTRUCTION OTHER THAN BUILDING CONST - CONTRACTORS [1600] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 205336063 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33225 FILM NUMBER: 25773378 BUSINESS ADDRESS: STREET 1: 9811 KATY FREEWAY STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: (346) 359-1010 MAIL ADDRESS: STREET 1: 9811 KATY FREEWAY STREET 2: SUITE 1200 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: Great Lakes Dredge & Dock Holdings Corp. DATE OF NAME CHANGE: 20060808 DEF 14A 1 gldd-20250325.htm DEF 14A DEF 14A false 0001372020 DEF 14A 0001372020 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2020-01-01 2020-12-31 0001372020 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2021-01-01 2021-12-31 0001372020 3 2024-01-01 2024-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2024-01-01 2024-12-31 0001372020 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001372020 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2023-01-01 2023-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2020-01-01 2020-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2023-01-01 2023-12-31 0001372020 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001372020 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2022-01-01 2022-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2021-01-01 2021-12-31 0001372020 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2022-01-01 2022-12-31 0001372020 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001372020 ecd:NonPeoNeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2024-01-01 2024-12-31 0001372020 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2021-01-01 2021-12-31 0001372020 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001372020 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0001372020 ecd:NonPeoNeoMember ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember 2021-01-01 2021-12-31 0001372020 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-01-01 2023-12-31 0001372020 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0001372020 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2020-01-01 2020-12-31 0001372020 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember ecd:PeoMember 2020-01-01 2020-12-31 0001372020 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2023-01-01 2023-12-31 0001372020 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2023-01-01 2023-12-31 0001372020 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2021-01-01 2021-12-31 0001372020 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 20