Orchid Island Capital (NYSE: ORC) director awarded 1,791 deferred stock units
Rhea-AI Filing Summary
Parker Ava L reported acquisition or exercise transactions in this Form 4 filing.
Orchid Island Capital director Ava L. Parker received a grant of 1,791 Deferred Stock Units on July 31, 2026, at $6.63 per unit. Each unit represents the right to receive one share of common stock and was issued in lieu of the company’s monthly dividend under her election. The units are 100% vested but become payable only upon a change of control or Parker’s death, disability, or separation from service as a director. Following this award, she holds 124,131 deferred stock units.
Positive
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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 F1, F2, F3 | 1,791 | $6.63 | $12K |
Holdings After Transaction:
Deferred Stock Units — 124,131 shares (Direct)
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.
Key Figures
Deferred stock units granted: 1,791 units
Grant price per unit: $6.63
Underlying common shares: 1,791 shares
+1 more
4 metrics
Deferred stock units granted
1,791 units
Grant to director Ava L. Parker on 2026-07-31
Grant price per unit
$6.63
Price per deferred stock unit granted on 2026-07-31
Underlying common shares
1,791 shares
Each deferred stock unit corresponds to one share of common stock
Deferred stock units after transaction
124,131 units
Total deferred stock units held by Ava L. Parker following the grant
Key Terms
Deferred Stock Units, change of control, separation from service
3 terms
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ORC director Ava L. Parker report?
Ava L. Parker reported receiving 1,791 Deferred Stock Units on July 31, 2026. Each unit represents a right to receive one share of Orchid Island Capital common stock and was issued in lieu of the company’s monthly dividend under her prior election.
At what price were the deferred stock units granted to the ORC director?
The deferred stock units were granted at $6.63 per unit. This price applies to the 1,791 Deferred Stock Units awarded, each corresponding to one share of Orchid Island Capital common stock under the director’s dividend election.
How many deferred stock units does the ORC director hold after this grant?
After the reported grant, Ava L. Parker holds 124,131 deferred stock units. Each unit represents a right to receive one share of common stock, giving her the same number of future-share rights, subject to the payout conditions described.
What do the deferred stock units reported by ORC’s director represent?
Each deferred stock unit represents a right to receive one share of Orchid Island Capital common stock. These units were issued in lieu of cash dividends and are fully vested but payable only upon certain events, such as departure from the board or a change of control.
When do the ORC director’s deferred stock units become payable?
The deferred stock units are 100% vested but become payable only upon the earlier of a change of control or the director’s death, disability, or separation from service as a director of Orchid Island Capital, as specified in the award terms.