STOCK TITAN
  1. Home
  2. Sec-filings
  3. ORC
  4. [Form 4] Orchid Island Capital, Inc. Insider Trading Activity

Orchid Island Capital (ORC) director adds deferred stock unit awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Orchid Island Capital director Ava L. Parker reported awards of deferred stock units that increase her equity-based compensation. On March 30, she acquired 1,877 deferred stock units, and on April 1 she acquired 3,561 deferred stock units, each representing one share of common stock.

The units are fully vested but only payable upon a change of control or her death, disability, or separation from service as a director. Following these awards, Parker holds 113,538 deferred stock units, reflecting a larger, long-term alignment with shareholders rather than open-market trading.

Positive

  • None.

Negative

  • None.
Insider Parker Ava L
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units 3,561 $0.00 --
Grant/Award Deferred Stock Units 1,877 $6.91 $13K
Holdings After Transaction: Deferred Stock Units — 113,538 shares (Direct)
Footnotes (1)
  1. Each deferred stock unit represents a right to receive one share of the Issuer's common stock. The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election. 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.
Deferred stock units granted 3,561 units Award dated April 1, 2026
Deferred stock units granted 1,877 units Award dated March 30, 2026
Total deferred stock units held 113,538 units Holdings after April 1, 2026 award
Reference price per unit $6.91 March 30, 2026 deferred stock unit award
Underlying common shares (April 1 award) 3,561 shares Each deferred stock unit equals one common share
Underlying common shares (March 30 award) 1,877 shares Each deferred stock unit equals one common share
Deferred Stock Units financial
"The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
change of control financial
"payable until the earlier to occur of a change of control or the reporting person's death"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
separation from service financial
"or the reporting person's death, disability, or separation from service as a director"
equity-based compensation financial
"The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election."
Equity-based compensation is pay given to employees or contractors in the form of company ownership—such as stock, stock options, or restricted shares—instead of or in addition to cash. It matters to investors because it aligns workers’ interests with shareholders (like giving employees a slice of the company pie), but can also dilute existing owners and appears as a real cost on financial statements, affecting earnings and share value.
Form 4 Insider Transactions: What Each Field Means →
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*
Parker Ava L
(Last)(First)(Middle)
10589 VERSAILLES BOULEVARD
(Street)
WELLINGTON FLORIDA 33449
(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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
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
Deferred Stock Units(1)03/30/2026A1,877(2) (3) (3)Common Stock1,877$6.91109,977D
Deferred Stock Units(1)04/01/2026A3,561 (3) (3)Common Stock3,561$0113,538D
Explanation of Responses:
1. Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
2. The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election.
3. 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.
/s/ Ava Parker04/01/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Orchid Island Capital (ORC) report for Ava L. Parker?

Ava L. Parker reported two acquisitions of deferred stock units. She received 1,877 units on March 30 and 3,561 units on April 1, each unit representing one share of Orchid Island Capital common stock, as part of her director compensation.

How many Orchid Island Capital (ORC) deferred stock units does Ava L. Parker now hold?

After the reported awards, Ava L. Parker holds 113,538 deferred stock units. Each unit represents a right to receive one share of Orchid Island Capital common stock, reflecting her total deferred equity-based position as disclosed in this insider filing.

Are Ava L. Parker’s Orchid Island Capital (ORC) deferred stock units immediately payable?

No, the deferred stock units are fully vested but not immediately payable. They become payable upon the earlier of a change of control or Parker’s death, disability, or separation from service as a director of Orchid Island Capital, according to the filing footnotes.

What does each deferred stock unit in Orchid Island Capital (ORC) represent?

Each deferred stock unit represents a right to receive one share of Orchid Island Capital common stock. These units function as equity-based compensation for the director, settling in common shares at specified future triggering events instead of being current cash payments.

Why did Orchid Island Capital (ORC) issue deferred stock units in lieu of a monthly dividend?

The filing states some reported shares are deferred stock units issued in lieu of the company’s monthly dividend, pursuant to Parker’s election. This allows the director to receive dividend value as additional equity units rather than as immediate cash distributions.