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.
Orion Properties Inc. filings document the formal disclosures of a Maryland REIT with NYSE-listed common stock and a portfolio of single-tenant net lease office properties and Dedicated Use Assets. Form 8-K reports include furnished operating results, supplemental property and financial information, Regulation FD presentations and material agreement disclosures.
The company’s SEC record also covers credit facility and CMBS loan modifications, termination of an equity distribution agreement, cooperation and governance matters, annual meeting proxy materials and registered-security details. Proxy filings address stockholder voting, board matters and governance procedures, while periodic event filings identify Orion as an emerging growth company for reporting purposes.
Orion Properties Inc., a suburban-focused office REIT, reported a swing to profitability for the quarter ended June 30, 2026. Net income attributable to common stockholders was 24,579 thousand, or $0.42 per diluted share, compared with a loss of 25,103 thousand a year earlier. The change was driven mainly by a 28,826 thousand gain on disposition of eight properties with aggregate gross sales price of 70,600 thousand and much lower impairment charges, alongside lower rental revenue compared with the prior-year period.
For the first six months of 2026, net income attributable to common stockholders was 11,001 thousand and net cash provided by operating activities was 8,355 thousand. The company acquired a 75,000 square foot flex or R&D facility in Illinois for a gross 15.0 million and sold a total of 10 properties for 83,700 thousand. At June 30, 2026, Orion reported total assets of 1,140,075 thousand, mortgages payable outstanding of 334,598 thousand and borrowings of 102,000 thousand on its New Revolving Facility, with a weighted average effective interest rate of 5.37%.
Orion refinanced its prior revolving credit facility with a 215.0 million secured New Revolving Facility at a reduced spread and extended the maturity of its 4.971% CMBS Loan to February 11, 2029, while agreeing to sweep excess cash flows into debt repayment and an all-purpose reserve. The unconsolidated joint venture remains in payment default on 125.6 million of non-recourse mortgage debt, and Orion has written its equity investment to zero and fully reserved the related Member Loan.
Orion Properties Inc. reported second‑quarter 2026 total revenues of $34.3 million and net income attributable to common stockholders of $24.6 million, or $0.42 per diluted share, compared with a net loss of $(25.1) million, or $(0.45) per share, a year earlier. The improvement was mainly driven by $28.8 million of gains on real estate dispositions and the absence of prior‑year impairment charges.
Core FFO was $11.8 million, or $0.20 per diluted share, roughly unchanged from $11.5 million and $0.20 per share in the prior‑year quarter. Year‑to‑date the company completed 673,000 square feet of leasing, sold four properties and the 37.4‑acre Deerfield, Illinois campus for $83.7 million, and reduced debt obligations by $60.7 million, bringing Net Debt to Annualized Adjusted EBITDA to 5.4x.
As of June 30, 2026, Orion owned 57 operating properties with Annualized Base Rent of $108.0 million, a portfolio occupancy rate of 78.1% and a weighted average remaining lease term of 6.2 years. Management raised 2026 Core FFO guidance to $0.72–$0.77 per diluted share and lowered the targeted Net Debt to Adjusted EBITDA range to 6.0x–6.8x while continuing an ongoing strategic review that may include asset or corporate transactions.
BlackRock, Inc. reports beneficial ownership of common stock of Orion Properties Inc. on a Schedule 13G. BlackRock reports beneficial ownership of 3,775,062 shares of Orion common stock, representing 6.6% of the class.
BlackRock has sole voting power over 3,738,343 shares and sole dispositive power over 3,775,062 shares, with no shared voting or dispositive power. The shares are held by certain BlackRock business units, and various underlying persons may receive dividends or sale proceeds, but no such person holds more than five percent of Orion’s outstanding common shares.
Orion Properties Inc. director Kathleen Allen reported making bona fide gifts of a total of 154,486 shares of common stock on June 12, 2026. The transactions were recorded at $0.00 per share as non-cash transfers.
One gift of 77,243 shares is associated with a trust for which Allen is co-trustee and whose beneficiaries are her children, involving shares received upon vesting of restricted stock units. A separate 77,243-share gift affected her direct holdings. Following these transfers, she holds 114,413 shares indirectly through the trust and 34,483 shares directly.
ALLEN KATHLEEN reported acquisition or exercise transactions in this Form 4 filing.
Orion Properties Inc. director Kathleen Allen reported updated share holdings, including a new equity award. She received a grant of 34,483 shares of Common Stock as restricted stock units at a price of $0.0000 per share, increasing her directly held position to 111,726 shares.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, subject to her continued service. A trust benefiting her children also holds 37,170 shares indirectly, for which she is a co-trustee.
Whyte Gregory J. reported acquisition or exercise transactions in this Form 4 filing.
Orion Properties Inc. director receives equity award. Director Whyte Gregory J. was granted 34,483 shares of Common Stock in the form of restricted stock units with no cash paid per share. After this award, he directly holds 139,896 shares.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service with the company through the vesting date.
Lieb Richard J reported acquisition or exercise transactions in this Form 4 filing.
Orion Properties Inc. director Richard J. Lieb reported an equity compensation grant rather than an open-market trade. He received 34,483 shares of Common Stock in the form of restricted stock units (RSUs) at $0.00 per share under the company’s equity plan.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, contingent on his continued service. After this award, Lieb’s direct holdings reported in the filing total 141,099 shares, highlighting a routine board-level compensation event.
Orion Properties Inc. director Reginald Harold Gilyard reported an equity compensation grant. He acquired 43,103 shares of Common Stock in the form of restricted stock units at a stated price of $0.00 per share.
These RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting, provided he continues serving the company. Following this award, he directly holds 270,881 shares.
Orion Properties Inc. reported the results of its 2026 Annual Meeting of Stockholders. Shareholders elected five directors — Paul H. McDowell, Reginald H. Gilyard, Kathleen R. Allen, Richard J. Lieb and Gregory J. Whyte — to serve until the next annual meeting. As of the March 13, 2026 record date, there were 56,830,068 shares of common stock outstanding. Shareholders also ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. Director nominees received around 23.1–23.4 million votes for, while KPMG’s ratification received 36,442,566 votes for, with no broker non-votes on that proposal.
Private Management Group, Inc. filed an amendment to a Schedule 13G disclosing beneficial ownership of 5,395,475 shares of Orion Properties Inc. common stock (CUSIP 68629Y103), representing 9.6% of the class. The filing lists separately managed accounts as the underlying beneficiaries and is signed by Robert T. Summers, CFA on 05/08/2026.