Welcome to our dedicated page for Orchid Island Capital 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 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.
Orchid Island Capital Chief Financial Officer Haas G. Hunter IV exercised performance-based equity awards into common stock. On March 26, 2026, 3,031.72 Performance Units were converted into 3,031 shares of common stock, reflecting vesting of awards granted in April 2023 and March 2024.
To cover tax withholding tied to this vesting, 1,133 shares were returned to the company at a price of $7.15 per share, equal to the March 25, 2026 closing price. Following these compensation-related transactions, Hunter directly holds 135,684 shares of Orchid Island Capital common stock.
Orchid Island Capital CEO Robert E. Cauley exercised performance-based equity awards, receiving 3,694 shares of common stock at a stated price of $0.0000 per share. The transaction reflects the vesting of previously granted Performance Units under the company’s equity incentive plans.
Following these transactions, Cauley directly holds 223,290 shares of Orchid Island Capital common stock. Cash was paid instead of issuing fractional shares, based on the closing share price on March 25, 2026, indicating this is a routine, compensation-related equity settlement rather than an open-market trade.
Orchid Island Capital Inc: The Vanguard Group filed Amendment No. 4 to a Schedule 13G/A reporting 0 shares beneficially owned, representing 0% of Orchid Island Capital Inc. common stock. The filing notes an internal realignment on January 12, 2026 and is signed on 03/27/2026.
The report lists Vanguard's Malvern, PA address and cites SEC Release No. 34-39538 regarding disaggregated reporting by subsidiaries; no holdings or voting/dispositive power are claimed here.
Orchid Island Capital CEO Robert E. Cauley reported routine equity compensation and related tax withholding. He was granted 121,891 performance units, each representing a contingent right to one share of common stock, under the company’s 2021 and 2025 long-term incentive plans.
On the same date, he also received 121,891 unrestricted common shares, and 49,790 common shares were disposed back to the company at a value of $6.82 per share to satisfy tax withholding obligations. After these transactions, he held 219,596 shares of common stock directly.
Orchid Island Capital Chief Financial Officer Haas G. Hunter IV reported equity compensation awards and related tax withholding transactions. He was granted 93,184 performance units, each representing a contingent right to receive one share of common stock, bringing his performance unit balance to 104,003.39 units.
On the same date, he also received 93,184 unrestricted shares of common stock at no cost under the company’s equity incentive plans. To satisfy tax withholding obligations from this share award, 36,896 common shares were disposed of back to the company at a price of $6.82 per share, based on the March 20, 2026 closing price.
Following these transactions, Hunter directly owns 133,786 shares of Orchid Island Capital common stock, in addition to his outstanding performance units. The filing reflects routine compensation-related grants and associated tax withholding, rather than open-market purchases or sales.
Orchid Island Capital, Inc. declared a monthly cash dividend of $0.12 per share for March 2026, payable on April 29, 2026 to common stockholders of record on March 31, 2026, with an ex-dividend date of March 31, 2026.
The company reiterates its intent to pay regular monthly distributions as a REIT, which requires annual distributions of at least 90% of REIT taxable income. As of March 18, 2026, Orchid Island had 195,511,115 common shares outstanding. As of February 28, 2026, its Agency RMBS portfolio had a reported fair value of $11.16 billion, split between Fannie Mae and Freddie Mac securities, and was primarily invested in 30‑year fixed-rate pass-throughs. Total repo and similar borrowings were $10.61 billion at a weighted average rate of 3.81% and weighted average maturity of 39 days, alongside a diversified hedging program using swaps and futures.
Orchid Island Capital director Ava L. Parker reported an acquisition of 1,680 deferred stock units on February 27, 2026, valued at $7.60 per unit. Her direct holdings in this derivative security increased to 108,100 deferred stock units after the transaction.
Each deferred stock unit represents a right to receive one share of Orchid Island Capital common stock. The units are fully vested but will only be paid out upon a change of control or Parker’s death, disability, or separation from service as a director. They were issued in lieu of the company’s monthly dividend under her prior election.
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.