Orchid Island Capital director gets 1,494 DSUs at $7.31
Orchid Island Capital (ORC) disclosed a director’s Form 4 showing the acquisition of 1,494 deferred stock units on 10/31/2025 at $7.31 per unit.
Rhea-AI Filing Summary
Orchid Island Capital (ORC) disclosed a director’s Form 4 showing the acquisition of 1,494 deferred stock units on 10/31/2025 at $7.31 per unit. The filing states these units were issued in lieu of the issuer’s monthly dividend per the reporting person’s election.
Each deferred stock unit equals one share of common stock and is 100% vested, but becomes payable upon the earlier of a change of control or the director’s death, disability, or separation from service. Following the transaction, derivative securities beneficially owned were 98,130, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,494 | $7.31 | $11K |
Footnotes (3)
- F1. Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- F2. The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election.
- F3. 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
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What did ORC report in this Form 4?
How many derivative securities does the director own after the transaction?
What does each ORC deferred stock unit represent?
Why were these ORC deferred stock units issued?
When do the ORC deferred stock units become payable?
Is the ownership of the reported securities direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.