ORN Insider Purchase: EVP Acquires 2,000 Shares via ESPP
Rhea-AI Filing Summary
Earle Edward Chipman, EVP & General Counsel of Orion Group Holdings, Inc. (ORN), purchased 2,000 shares of the issuer's common stock on 09/15/2025 at a price of $4.743 per share under the company's Employee Stock Purchase Plan. The transaction was reported as exempt under Rule 16b-3(c). Following the purchase, Mr. Chipman beneficially owned 130,758 shares. The Form 4 was signed by the reporting person on 09/16/2025. The filing indicates this was a personal acquisition reported by a single reporting person.
Positive
- None.
Negative
- None.
Insights
Insider purchased a small stake via ESPP; not likely material to valuation.
The filing shows an officer-level insider acquired 2,000 shares at $4.743 under the Employee Stock Purchase Plan, increasing beneficial ownership to 130,758 shares. The purchase appears routine and exempt under Rule 16b-3(c), indicating it was part of a planned, company-administered compensation program rather than an ad-hoc market trade. For investors, this transaction signals ongoing participation in the ESPP but is immaterial in size relative to typical institutional positions and does not on its own indicate a change in company outlook.
Routine ESPP acquisition by an officer; compliance and disclosure appear in order.
The report discloses required details: transaction date, price, post-transaction ownership, and an explanation that the shares were acquired under the company ESPP and exempt under Rule 16b-3(c). The signature and date are provided. From a governance perspective, the filing meets disclosure obligations and shows the insider participated in a company-administered equity program, which is common practice for employee alignment with shareholder interests.