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Orion Properties Inc SEC Filings

ONL NYSE

Welcome to our dedicated page for Orion Properties SEC filings (Ticker: ONL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The Orion Properties Inc. (NYSE: ONL) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Orion is a Maryland-incorporated, internally managed REIT focused on single-tenant net lease office and dedicated use properties in high-quality suburban U.S. markets, and its filings offer detailed information on this business.

Through Orion’s annual reports on Form 10-K and quarterly reports on Form 10-Q, investors can review discussions of its office and dedicated use property portfolio, tenant base, lease structures, debt arrangements, liquidity and risk factors. These reports also explain how the company uses REIT-specific performance metrics such as Funds From Operations (FFO), Core FFO, Funds Available for Distribution (FAD), EBITDAre and Adjusted EBITDA, with reconciliations to GAAP measures.

Current reports on Form 8-K disclose material events, including quarterly earnings releases and supplemental information packages, updated investor presentations, and corporate actions such as the termination of an Equity Distribution Agreement. Filings also confirm Orion’s NYSE listing under the symbol ONL, its status as an emerging growth company, and details about its principal executive offices in Phoenix, Arizona.

On Stock Titan, these filings are updated in near real time from EDGAR, and AI-powered tools can help summarize lengthy documents such as 10-K and 10-Q reports, highlighting key items like portfolio metrics, leverage, and non-GAAP performance measures. Users can also review proxy materials and other filings referenced in Orion’s press releases for additional context on governance matters, director nominations and shareholder communications.

Rhea-AI Summary

Orion Properties Inc. officer Schmidt Revea Lynn reported a tax-withholding disposition of 6,793 shares of common stock on March 3, 2026, at $2.46 per share. The shares were withheld to cover obligations arising from 21,460 vested restricted stock units, leaving 113,604 shares of common stock held directly after the transaction.

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Rhea-AI Summary

Orion Properties Inc. General Counsel & Secretary Paul C. Hughes reported a tax-withholding share disposition. On March 3, 2026, 10,721 shares of common stock were disposed of to cover withholding taxes tied to 25,036 vested restricted stock units, at a price of $2.46 per share. After this transaction, he directly held 122,022 common shares.

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Orion Properties Inc. officer Christopher Haviland Day reported a tax-withholding disposition of 7,871 shares of common stock on March 3, 2026. The shares were withheld at $2.46 per share in connection with 28,613 restricted stock units that vested, leaving him with 172,153.587 shares held directly.

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Orion Properties Inc. officer Brandon Gavin reported a Form 4 transaction involving a tax-related share disposition. On March 3, 2026, 10,329 shares of common stock were disposed of at a price of $2.4600 per share to cover tax withholding obligations.

According to the footnotes, this reflected the product of the applicable withholding rate and 39,342 shares of common stock that vested under Gavin's restricted stock unit award. After this transaction, Gavin directly held 231,755 shares of Orion Properties common stock.

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Orion Properties Inc. director and officer Paul H. McDowell reported a tax-related share disposition. On March 3, 2026, he disposed of 33,008 shares of common stock at $2.46 per share to cover withholding taxes on 91,560 vested restricted stock units. After this tax-withholding disposition, he directly owned 536,771 shares of common stock.

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Rhea-AI Summary

Orion Properties Inc. is an internally managed office REIT focused on single-tenant net lease properties in high-quality U.S. suburban markets. The company plans to shift over time from traditional office buildings toward dedicated-use assets such as government, medical, laboratory, R&D and flex facilities.

As of December 31, 2025, Orion owned 58 operating properties totaling 6.5 million leasable square feet across 26 states, with 78.1% occupancy and a weighted average remaining lease term of 5.6 years. Two tenants provided at least 10% of annualized base rent: the General Services Administration at 17.8% and Merrill Lynch at 10.0%, with significant geographic exposure to Texas, New Jersey and New York.

The company uses active asset management and capital recycling, selling non-core assets and reinvesting in its portfolio and selective acquisitions. As of December 31, 2025, consolidated debt totaled $465.0 million, including a $355.0 million CMBS loan on 19 properties, $92.0 million under a revolving credit facility (since refinanced in February 2026) and an $18.0 million mortgage on a San Ramon property, plus a proportionate $25.8 million share of Arch Street Joint Venture mortgage notes.

On January 26, 2026 Orion entered a cooperation agreement with Kawa, under which it began a strategic review of options that may include acquisitions, mergers, a potential sale of the company or continuing independently. The agreement runs through September 1, 2026 and includes standstill and voting commitments by Kawa.

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annual report
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Orion Properties Inc. reported weaker 2025 results while actively reshaping its office-focused REIT portfolio and extending key debt maturities. Full-year revenues were $147.6 million versus $164.9 million in 2024, and net loss attributable to common stockholders widened to $(139.3) million, or $(2.48) per share, driven by significant real estate and joint venture impairments.

The company generated 2025 Core FFO of $43.7 million, or $0.78 per diluted share, down from $56.8 million, and Funds Available for Distribution turned negative at $(29.9) million, reflecting heavy capital expenditures and leasing costs. Orion completed 924,000 square feet of leasing, sold 10 properties for $80.7 million, and, after year-end, disposed of another $13.1 million of non-operating assets and acquired a fully leased dedicated use asset in Northbrook, Illinois for $15.0 million.

As of December 31, 2025, net debt was $467.9 million and Net Debt to Full Year Adjusted EBITDA was 6.79x. The company refinanced its credit facility and extended its $355.0 million CMBS loan to February 2029, but its Arch Street joint venture debt is in payment default and the related equity investment was written down to zero with a $5.9 million loan loss reserve. Orion’s operating portfolio had $111.3 million of Annualized Base Rent, 78.7% occupancy and a 5.7-year weighted average remaining lease term, with 66.7% of rent from investment-grade tenants. The board declared a $0.02 per share dividend for first quarter 2026 and issued 2026 Core FFO guidance of $0.69–$0.76 per diluted share while a strategic review of options, including a potential sale or continued standalone operation, remains ongoing.

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current report
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Rhea-AI Summary

Orion Properties Inc. executive Schmidt Revea Lynn reported a tax-related share disposition. On this Form 4, 4,782 shares of common stock were withheld at $2.56 per share to cover taxes tied to a restricted stock unit vesting. The footnotes explain this reflects the applicable withholding rate applied to 15,106 vested shares. After this tax-withholding disposition, Lynn directly owned 120,397 shares of Orion Properties common stock.

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Orion Properties Inc. General Counsel & Secretary Paul C. Hughes reported a tax-withholding disposition of company stock related to a vesting equity award. On the vesting of 15,106 restricted stock units, 6,903 shares of common stock were withheld at $2.56 per share to cover taxes, using the New York Stock Exchange closing price on that date. After this non-open-market transaction, Hughes directly owned 132,743 shares of Orion Properties common stock.

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Orion Properties Inc. executive Christopher Haviland Day reported a tax-withholding share disposition tied to a restricted stock unit vesting. On the event date, 6,375 shares of common stock were withheld at $2.56 per share to cover taxes on 20,141 newly vested RSUs.

After this non-open-market transaction, Day directly owned 180,024.587 shares of Orion Properties common stock.

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FAQ

What is the current stock price of Orion Properties (ONL)?

The current stock price of Orion Properties (ONL) is $2.47 as of March 9, 2026.

What is the market cap of Orion Properties (ONL)?

The market cap of Orion Properties (ONL) is approximately 138.0M.

ONL Rankings

ONL Stock Data

137.97M
51.12M
REIT - Office
Real Estate Investment Trusts
Link
United States
PHOENIX

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