Lasse J. Petterson
Net Worth

Last updated:

What is Lasse J. Petterson net worth?

The estimated net worth of Mr. Lasse J. Petterson is at least $28,742,035 as of 5 Aug 2022. He owns shares worth $11,622,035 as insider and has received compensation worth at least $17,120,000 in Great Lakes Dredge & Dock Corporation.

What is the salary of Lasse J. Petterson?

Mr. Lasse J. Petterson salary is $2,140,000 per year as Chief Executive Officer, Pres & Director in Great Lakes Dredge & Dock Corporation.

How old is Lasse J. Petterson?

Mr. Lasse J. Petterson is 69 years old, born in 1956.

What stocks does Lasse J. Petterson currently own?

As insider, Mr. Lasse J. Petterson owns shares in one company:

Company Title Shares Price per share Total value
Great Lakes Dredge & Dock Corporation (GLDD) Chief Executive Officer, Pres & Director 1,003,630 $11.58 $11,622,035

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.

Lasse J. Petterson insider trading

Great Lakes Dredge & Dock Corporation

Mr. Lasse J. Petterson has made only one insider trade between 2017-2022, according to the Form 4 filled with the SEC. He purchased 10,000 units of GLDD stock worth $96,540 on 5 Aug 2022.

As of 5 Aug 2022 he still owns at least 1,003,630 units of GLDD stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 10,000 $9.65 $96,540
Sale
Common Stock 21,121 N/A N/A
Purchase
Common Stock 50,000 $5.28 $263,750
Purchase
Common Stock 42,610 $3.91 $166,733
Purchase
Common Stock 71,142 $3.7 $263,225
Purchase
Common Stock 17,255 $3.7 $63,844
Purchase
Common Stock 67,500 $3.79 $255,488
Purchase
Common Stock 14,543 $4.3 $62,535
Purchase
Common Stock 35,457 $4.3 $152,465

Great Lakes Dredge & Dock key executives

Great Lakes Dredge & Dock Corporation executives and other stock owners filed with the SEC: