Orion Properties director gets 43,103 RSUs
Orion Properties Inc. director Reginald Harold Gilyard reported an equity compensation grant.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
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.
Insider Trade Summary
Grant/Award: 43,103 shares
Grant/Award
1 txn
Insider
GILYARD REGINALD HAROLD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,103 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 270,881 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's equity plan. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the grant date or (ii) the date of the annual meeting of the Issuer's stockholders next following the grant date, subject to the Reporting Person's continued service with the Issuer through such date.
Key Figures
RSUs granted: 43,103 shares
Grant price: $0.00 per share
Holdings after grant: 270,881 shares
3 metrics
RSUs granted
43,103 shares
Restricted stock units granted on May 13, 2026
Grant price
$0.00 per share
Stated price for RSU award
Holdings after grant
270,881 shares
Total Common Stock directly held following transaction
Key Terms
restricted stock units ("RSUs"), equity plan, annual meeting, continued service
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's equity plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
equity plan financial
"RSUs granted to the Reporting Person pursuant to the Issuer's equity plan."
An equity plan is a company program that gives employees, executives or directors a stake in the business through stock, stock options or similar ownership awards, like handing out slices of a pie to people who help bake it. It matters to investors because these grants can motivate key personnel and align their interests with shareholders, but they also increase the number of shares over time and can dilute existing ownership and affect reported earnings.
annual meeting financial
"the date of the annual meeting of the Issuer's stockholders next following the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
continued service financial
"subject to the Reporting Person's continued service with the Issuer through such date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Orion Properties (ONL) director Reginald Harold Gilyard report?
Reginald Harold Gilyard reported receiving 43,103 restricted stock units of Orion Properties Common Stock. The award was granted as equity compensation at a stated price of $0.00 per share and increased his direct holdings to 270,881 shares after the transaction.
What are the vesting terms of the RSUs granted to the Orion Properties (ONL) director?
The 43,103 restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholders’ meeting. Vesting is conditioned on Reginald Harold Gilyard’s continued service with Orion Properties through the applicable vesting date.
Was cash paid for the Orion Properties (ONL) RSU grant reported by the director?
No cash was paid for this award; the RSUs were granted at a stated price of $0.00 per share. This indicates the transaction is a compensation-related equity grant rather than an open-market purchase of Orion Properties Common Stock by the director.
Is the Orion Properties (ONL) Form 4 transaction an open-market buy or a compensation grant?
The transaction is an equity compensation grant, not an open-market purchase. The Form 4 shows transaction code A, described as a grant or award acquisition, with 43,103 restricted stock units of Common Stock issued at a price of $0.00 per share to the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
