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. reported a routine tax-related share disposition by General Counsel & Secretary Paul C. Hughes. On March 7, 2026, 2,679 shares of common stock were withheld at $2.45 per share to cover taxes tied to the vesting of 6,622 restricted stock units. Following this tax-withholding disposition, Hughes directly holds 119,343 shares of Orion Properties common stock.
Orion Properties Inc. officer Day Christopher Haviland reported a routine tax-withholding transaction related to vested restricted stock units. On this event, 2,327 shares of common stock were disposed of at $2.45 per share to cover tax obligations tied to 8,830 vested RSUs. After the withholding, the insider directly holds 169,826.587 common shares.
Orion Properties Inc. officer Brandon Gavin reported a routine tax-related share disposition. On the vesting of 12,141 restricted stock units, 3,200 shares of common stock were withheld at $2.45 per share to cover tax obligations. After this non-market transaction, he directly holds 228,555 shares of common stock.
Orion Properties Inc. director and officer Paul H. McDowell reported a Form 4 transaction involving company common stock. On March 7, he had 10,197 shares of common stock disposed of at $2.45 per share to satisfy tax withholding obligations tied to a restricted stock unit award, rather than through an open-market sale. A footnote explains this reflects the applicable withholding rate on 28,256 vested shares. After the transaction, McDowell directly holds 526,574 shares of Orion Properties common stock, indicating he retains a substantial equity position.
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.
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.
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.
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.
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.
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.