David E. Simonelli
Net Worth
Last updated:
What is David E. Simonelli net worth?
The estimated net worth of Mr. David E. Simonelli is at least $21,163,884 as of 9 May 2022. He owns shares worth $2,847,128 as insider, has earned $5,832,986 from insider trading and has received compensation worth at least $12,483,770 in Great Lakes Dredge & Dock Corporation.
What is the salary of David E. Simonelli?
Mr. David E. Simonelli salary is $960,290 per year as Chief Operating Officer in Great Lakes Dredge & Dock Corporation.
How old is David E. Simonelli?
Mr. David E. Simonelli is 68 years old, born in 1957.
What stocks does David E. Simonelli currently own?
As insider, Mr. David E. Simonelli owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
Great Lakes Dredge & Dock Corporation (GLDD) | Chief Operating Officer | 245,866 | $11.58 | $2,847,128 |
What does Great Lakes Dredge & Dock Corporation do?
Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 18 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.
David E. Simonelli insider trading
Great Lakes Dredge & Dock Corporation
Mr. David E. Simonelli has made 55 insider trades between 2012-2022, according to the Form 4 filled with the SEC. Most recently he sold 17,700 units of GLDD stock worth $249,942 on 9 May 2022.
The largest trade he's ever made was exercising 36,582 units of GLDD stock on 12 Apr 2021. As of 9 May 2022 he still owns at least 245,866 units of GLDD stock.
Great Lakes Dredge & Dock key executives
Great Lakes Dredge & Dock Corporation executives and other stock owners filed with the SEC:
- Mr. David E. Simonelli (68) Chief Operating Officer
- Mr. James J. Tastard (60) Senior Vice President and Chief HR & Admin. Officer
- Mr. Lasse J. Petterson (69) Chief Executive Officer, Pres & Director
- Mr. William H. Hanson (68) Senior Vice President of Gov. Relations & Bus. Devel.