Welcome to our dedicated page for Orchid Is Cap SEC filings (Ticker: ORC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Orchid Island Capital, Inc. filings document a mortgage REIT focused on leveraged investments in Agency RMBS. The company’s Form 8-K reports record quarterly results, estimated book value, RMBS portfolio characteristics, monthly dividend declarations, realized and unrealized results on RMBS and derivative instruments, interest rate swap activity, liquidity and repurchase agreement financing.
Proxy filings cover board matters, executive compensation and shareholder voting for the Maryland corporation. The filing record also reflects the company’s REIT distribution framework, common-stock dividend disclosures, externally managed structure through Bimini Advisors, LLC, and recurring risk and governance subjects tied to mortgage securities, leverage and interest-rate exposure.
Orchid Island Capital, Inc. files its annual report describing a mortgage REIT focused on Agency residential mortgage-backed securities guaranteed by U.S. housing agencies. The company invests in pass-through and structured Agency RMBS, funds mainly with short-term repurchase agreements, and targets leverage generally below 12-to-1.
Orchid elects REIT status and seeks to distribute at least 90% of REIT taxable income, intending to pay out 100% over time. It actively hedges interest-rate and prepayment risks using swaps, futures, swaptions, caps and TBA dollar rolls, and emphasizes liquidity management to meet potential margin calls.
The report highlights extensive risk factors, including rising or inverted yield curves, prepayment variability, repo and TBA financing pressures, valuation uncertainty, market illiquidity, and dependence on external manager Bimini Advisors and the government-supported status of Fannie Mae, Freddie Mac and Ginnie Mae.
Orchid Island Capital, Inc. director Ava L. Parker reported acquiring 1,559 deferred stock units on 01/30/2026. Each deferred stock unit represents a right to receive one share of Orchid Island’s common stock and was valued at $7.80 per unit.
The units were issued in lieu of the company’s monthly dividend based on Parker’s election. After this transaction, Parker beneficially owned 106,420 deferred stock units, held directly. These units are fully vested but will be paid only upon a change of control or upon Parker’s death, disability, or separation from service as a director.
Orchid Island Capital, Inc. filed a current report to note that it has issued a press release with its results of operations for the period ended December 31, 2025. The release is attached as Exhibit 99.1, and related supplemental financial information is available on the company’s investor relations website.
The filing also includes an extensive caution about forward-looking statements, highlighting uncertainties around interest rates, inflation, liquidity, funding costs, prepayment speeds, portfolio positioning, hedging, book value, leverage, dividends, Agency RMBS market conditions, U.S. government and Federal Reserve actions, and broader economic conditions.
Orchid Island Capital, Inc. reported preliminary results for its mortgage REIT business. The company estimated book value of 7.54 per share as of December 31, 2025. It also estimated GAAP net income of $0.62 per share for the quarter ended December 31, 2025, which includes about $0.43 per share of net realized and unrealized gains on its RMBS and derivative instruments.
The company emphasized that these figures are preliminary, may change, and remain subject to review by its independent registered public accounting firm. More detail is provided in a press release furnished as an exhibit to this report.
Orchid Island Capital, Inc. declared a cash dividend for January 2026 of $0.12 per share on its common stock. The dividend is scheduled to be paid on February 26, 2026 to shareholders who are on record as of January 30, 2026, which is also the ex-dividend date. This update confirms the company’s intention to continue returning cash to shareholders through monthly distributions.
Orchid Island Capital, Inc. director Frank P. Filipps reported an equity compensation transaction involving deferred stock units. On 01/02/2026, he acquired 3,472 deferred stock units, each representing the right to receive one share of Orchid Island Capital common stock. The filing shows these units at a price of $0, reflecting a grant rather than an open-market purchase.
After this grant, Filipps beneficially owns 46,728 deferred stock units, held in direct ownership form. The units are fully vested but will only be paid out in common shares upon the earlier of a change of control of the company or his death, disability, or separation from service as a director. This filing documents the update to his equity-based holdings.
Orchid Island Capital director reports additional deferred stock units. A director of Orchid Island Capital, Inc. acquired derivative equity awards in the form of deferred stock units tied to the company’s common stock.
On 12/30/2025, the director received 1,644 deferred stock units at a price of $7.28 per underlying share. On 01/02/2026, the director received another 3,472 deferred stock units at a price of $0, bringing total derivative securities beneficially owned to 104,861 deferred stock units.
Each deferred stock unit represents the right to receive one share of common stock and is fully vested. These units, including those issued in lieu of the company’s monthly dividend at the director’s election, become payable upon a change of control or the director’s death, disability, or separation from service as a director.
Orchid Island Capital, Inc. reported that one of its directors received 3,472 deferred stock units on 01/02/2026. Each deferred stock unit represents the right to receive one share of Orchid Island Capital common stock. After this grant, the director beneficially owns 48,539 derivative securities in the form of deferred stock units, held directly.
The deferred stock units are fully vested but will only be paid out in common shares upon the earlier of a change of control of the company, or the director’s death, disability, or separation from service as a director. This structure ties the director’s equity value to the company’s long-term performance and continuity of service.
Orchid Island Capital, Inc. reported a routine insider equity award for one of its directors. On 01/02/2026, the director acquired 3,472 deferred stock units at a price of $0 per unit, as shown in the derivative securities table. Each deferred stock unit represents the right to receive one share of Orchid Island Capital common stock.
The deferred stock units are fully vested but will only be paid out upon a change of control of the company or the director’s death, disability, or separation from service as a director. Following this transaction, the director beneficially owns 46,728 derivative securities in the form of deferred stock units, held directly.
Orchid Island Capital, Inc. reported equity transactions by Chief Executive Officer and Director Robert E. Cauley on December 26, 2025. He acquired 3,694 shares of common stock at an exercise price of $0 through the vesting and settlement of performance units, increasing his directly held common stock to 148,248 shares before related tax transactions.
On the same date, 753 shares of common stock were surrendered to the company at a value of $7.35 per share to cover tax withholding arising from the vesting, leaving him with 147,495 shares of common stock held directly. The performance unit vesting reflected 2,418 shares from an award granted on April 13, 2023 and 1,276 shares from an award granted on March 19, 2024, all under the company’s equity incentive plans. Cash was paid instead of issuing fractional shares, based on the stock’s closing price on December 24, 2025.