ORC Form 4: 1,494 DSUs acquired; holdings now 98,130
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Parker Ava L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 1,494 | $7.31 | $11K |
Holdings After Transaction:
Deferred Stock Units — 98,130 shares (Direct)
Footnotes (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.
FAQ
What did ORC report in this Form 4?
A director acquired 1,494 deferred stock units on 10/31/2025 at $7.31 per unit.
How many derivative securities does the director own after the transaction?
The filing lists 98,130 derivative securities beneficially owned following the transaction.
What does each ORC deferred stock unit represent?
Each deferred stock unit represents the right to receive one share of common stock.
Why were these ORC deferred stock units issued?
They were issued in lieu of the monthly dividend pursuant to the reporting person’s election.
When do the ORC deferred stock units become payable?
They are 100% vested and payable upon the earlier of change of control, or the director’s death, disability, or separation from service.
Is the ownership of the reported securities direct or indirect?
The filing indicates direct (D) ownership.