ORC Form 4: Paula Morabito Adds 3,566 Deferred Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orchid Island Capital director Paula Morabito reported acquiring 3,566 deferred stock units on 10/01/2025. Each unit equals one share of common stock and the units are 100% vested, but payment is deferred until the earlier of a change of control, the reporting person's death or disability, or separation from service as a director. After this transaction, the reporting person beneficially owns 45,067 shares of Orchid Island Capital common stock. The filing is a Form 4 reporting an insider non-derivative acquisition of deferred compensation units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morabito Paula
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,566 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 45,067 shares (Direct)
Footnotes (1)
- Each deferred stock unit represents a right to receive one share of the Issuer's common stock. The deferred stock units are 100% vested but do not become payable until the earlier to occur of a change of control or the reporting person's death, disability, or separation from service as a director of the Issuer.
FAQ
What did Paula Morabito report on Form 4 for ORC?
She reported acquiring 3,566 deferred stock units on 10/01/2025, bringing her beneficial ownership to 45,067 shares.
Are the deferred stock units vested and payable now?
The deferred stock units are stated as 100% vested but are not payable until the earlier of a change of control, the reporting person's death or disability, or separation from service as a director.
What is the economic value per unit reported in the Form 4?
The Form 4 shows the price for the deferred stock units as $0 (they were granted as deferred compensation units rather than a cash purchase).
What was the transaction date and filing date on the Form 4?
The transaction date is 10/01/2025 and the Form 4 is signed on 10/02/2025.
What type of filing is this and who is the issuer?
This is a Form 4 reporting changes in beneficial ownership for issuer Orchid Island Capital, Inc. (ORC).