Orion Group exec buys 2,000 shares at $7.70
Rhea-AI Filing Summary
Orion Group Holdings Inc (ORN) reported that officer Earle Edward Chipman, its EVP & General Counsel, acquired 2,000 shares of common stock on September 15, 2026 through a grant or award under the company’s Employee Stock Purchase Plan at $7.701 per share, bringing his directly held stake to 152,042 shares. The acquisition was reported as exempt under Rule 16b-3(c) and no Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,000 shares
Grant/Award
1 txn
Insider
Earle Edward Chipman
Role
EVP & GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 2,000 | $7.701 | $15K |
Holdings After Transaction:
Common Stock — 152,042 shares (Direct)
Footnotes (1)
- F1. These shares were acquired under the Orion Group Holdings, Inc. Employee Stock Purchase Plan in transactions that were exempt under Rule 16b-3(c).
Key Figures
Shares acquired: 2,000 shares
Acquisition price per share: $7.701 per share
Shares held after transaction: 152,042 shares
3 metrics
Shares acquired
2,000 shares
Grant or award acquisition on September 15, 2026
Acquisition price per share
$7.701 per share
Employee Stock Purchase Plan transaction on September 15, 2026
Shares held after transaction
152,042 shares
Direct holdings of Earle Edward Chipman after the September 15, 2026 acquisition
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(c)
2 terms
Employee Stock Purchase Plan financial
"These shares were acquired under the Orion Group Holdings, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(c) regulatory
"in transactions that were exempt under Rule 16b-3(c)."
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Did Orion Group Holdings indicate a Rule 10b5-1 trading plan for this Form 4 transaction?
No. The Form 4 indicates no Rule 10b5-1 trading plan for the reported acquisition; the shares were acquired under the Employee Stock Purchase Plan and described as exempt under Rule 16b-3(c).
AI-generated analysis. How Rhea-AI works. Not financial advice.