STOCK TITAN

Orchid Island Capital CFO receives 1,189 shares

The chief financial officer's vesting included 468 common shares withheld for tax obligations at the September 24, 2026 closing price of $5.77.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Orchid Island Capital, Inc. Chief Financial Officer and director Haas G Hunter IV had 1,189 Performance Units vest on September 25, 2026, resulting in the issuance of 1,189 common shares. The vesting also involved 468 common shares withheld for tax obligations at the reported price of $5.77 per share, the September 24, 2026 closing price. The reported position following the transaction was 96,750.95 Performance Units. No Rule 10b5-1 plan is reported.

Positive

  • None.

Negative

  • None.
Insider Haas G Hunter IV
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Performance Units F1 1,189 $0.00 $0.00
Exercise Common Stock F1 1,189 $0.00 $0.00
Tax Withholding Common Stock F2, F3 468 $5.77 $3K
Holdings After Transaction: Performance Units — 96,750.95 contracts (Direct); Common Stock — 138,243 shares (Direct)
Footnotes (3)
  1. F1. These shares represent 1,189 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 19, 2024 pursuant to the Issuer's 2021 Equity Incentive Plan and 2023 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on September 24, 2026.
  2. F2. The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares.
  3. F3. The price represents the closing price of the Company's common stock on September 24, 2026.
Performance Units vested 1,189 units September 25, 2026
Common shares issued 1,189 shares Upon vesting on September 25, 2026
Common shares withheld for tax obligations 468 shares September 25, 2026
Reported price per share withheld $5.77 per share Closing price on September 24, 2026
Performance Units following transaction 96,750.95 units Following the September 25, 2026 transaction
Performance Units financial
"vesting of Performance Units awarded to the Reporting Person"
Performance units are company awards that become valuable only if specified business targets are met; they typically convert into shares or cash when performance goals are achieved. Think of them like a conditional bonus that turns into stock only if the company hits agreed milestones, so they align managers’ incentives with shareholders’ interests and can affect future share count, executive pay expense, and investor returns.
vesting financial
"in connection with the vesting of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations"
fractional shares financial
"Cash was paid in lieu of issuing fractional shares"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
closing price market
"represents the closing price of the Company's common stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ORC shares did CFO Haas G Hunter IV receive and have withheld?

On September 25, 2026, 1,189 common shares were issued upon vesting of Performance Units, and 468 common shares were withheld for tax obligations. The reported price for the withheld shares was $5.77 per share, the closing price on September 24, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Haas G Hunter IV

(Last)(First)(Middle)
3305 FLAMINGO DRIVE

(Street)
VERO BEACH FLORIDA 32963

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Orchid Island Capital, Inc. [ ORC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/25/2026M1,189(1)A$0138,711D
Common Stock09/25/2026F468(2)D$5.77(3)138,243D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Units(1)09/25/2026M1,189 (1) (1)Common Stock1,189$096,750.95D
Explanation of Responses:
1. These shares represent 1,189 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 19, 2024 pursuant to the Issuer's 2021 Equity Incentive Plan and 2023 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on September 24, 2026.
2. The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares.
3. The price represents the closing price of the Company's common stock on September 24, 2026.
/s/ G. Hunter Haas IV09/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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