Orion Energy Systems (OESX) CEO adds 2,735 shares in open-market buys
Rhea-AI Filing Summary
Orion Energy Systems CEO Sally A. Washlow reported open-market purchases of company stock on two consecutive days. She bought 955 shares of common stock at a price of $9.50 per share and 1,780 shares at a weighted average price of $9.47 per share, with individual trade prices ranging from $9.44 to $9.50. After these trades, she directly owns 49,259 common shares, and an additional 100 shares are held indirectly by her spouse. She also holds stock options covering 50,000 common shares at an exercise price of $6.00 per share, expiring on July 17, 2035, which vest over time and upon the stock reaching average closing prices of $30.00, $40.00, and $50.00 for five consecutive trading days within three calendar years after the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,735 shares
Net Buy
4 txns
Insider
Washlow Sally A.
Role
Chief Executive Officer
Bought
2,735 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,780 | $9.47 | $17K |
| Purchase | Common Stock | 955 | $9.50 | $9K |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,259 shares (Direct);
Stock Options (right to buy) — 50,000 shares (Direct);
Common Stock — 100 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The price in Column 4 is a weighted average price. The prices actually received ranged from $9.44 to $9.50. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- F2. This option becomes exercisable as follows: (i) the portion of the stock option exercisable for one-half of the option shares (25,000 shares) will vest in three equal increments on each of the first three anniversaries of the grant date, provided Ms. Washlow remains in Orion Energy Systems, Inc.'s employment until the applicable vesting date, and (ii) the second one-half of the grant (25,000 shares) will vest, if at all, in three equal increments if the average closing sale price of Orion Energy Systems, Inc.'s common stock, for five consecutive trading days during the three calendar years immediately following the date of the grant, equals or exceeds $30.00, $40.00 and $50.00, respectively, provided Ms. Washlow remains in Orion Energy Systems, Inc.'s employment until the applicable vesting date.
Key Figures
Open-market purchase 1: 955 shares at $9.50
Open-market purchase 2: 1,780 shares at $9.47 weighted avg
Total shares bought: 2,735 shares
+5 more
8 metrics
Open-market purchase 1
955 shares at $9.50
Common Stock, transaction date June 23, 2026
Open-market purchase 2
1,780 shares at $9.47 weighted avg
Common Stock, prices ranged $9.44–$9.50
Total shares bought
2,735 shares
Net buy shares in this Form 4
Direct holdings after trades
49,259 shares
Common Stock directly owned following transactions
Indirect spouse holdings
100 shares
Common Stock held indirectly, by spouse
Stock option strike price
$6.00 per share
Stock Options (right to buy) for Common Stock
Option underlying shares
50,000 shares
Common Stock underlying options expiring July 17, 2035
Option expiration
July 17, 2035
Expiration date of stock options (right to buy)
Key Terms
open-market purchase, weighted average price, Stock Options (right to buy), average closing sale price
4 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price in Column 4 is a weighted average price for the trades"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Options (right to buy) financial
"Security title is listed as Stock Options (right to buy) for Common Stock"
average closing sale price financial
"Vesting depends on the average closing sale price reaching $30, $40 and $50"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Orion Energy Systems (OESX) CEO Sally Washlow do in this Form 4?
Sally Washlow reported buying Orion Energy Systems common stock in the open market. She executed two purchases totaling 2,735 shares, increasing her direct ownership and signaling additional personal capital committed to the company’s shares.
What stock options does the Orion Energy Systems (OESX) CEO hold?
She holds stock options for 50,000 Orion Energy Systems common shares with a $6.00 exercise price, expiring on July 17, 2035. These options represent potential future share acquisitions if exercised.
How do the CEO’s Orion Energy Systems (OESX) stock options vest?
Half of the 50,000-share option vests in three equal annual installments if she remains employed. The other half vests in three equal tranches only if average closing prices reach $30, $40 and $50 for five consecutive trading days within three years.
Does this Form 4 show any Orion Energy Systems (OESX) stock held indirectly by the CEO?
Yes. The filing shows 100 Orion Energy Systems common shares held indirectly, labeled as owned “By Spouse.” This indicates a small additional holding associated with the CEO through family ownership.