Orion Group (ORN) director receives 7,236 restricted shares, vesting at 2027 AGM
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sullivan Mary E reported acquisition or exercise transactions in this Form 4 filing.
Orion Group Holdings Inc director Mary E. Sullivan received a grant of 7,236 shares of Common Stock as equity compensation. The award was recorded at no cash cost per share and increased her directly held stake to 274,904 shares.
The granted shares are restricted and subject to cliff vesting at the Company’s 2027 annual general meeting, expected in May 2027, contingent on her continued service through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Mary E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,236 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 274,904 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 7,236 shares
Price per granted share: $0.00 per share
Total shares after transaction: 274,904 shares
+2 more
5 metrics
Restricted shares granted
7,236 shares
Equity grant to director Mary E. Sullivan
Price per granted share
$0.00 per share
Non-cash grant/award acquisition
Total shares after transaction
274,904 shares
Direct ownership following the grant
Transaction code
A
Grant, award, or other acquisition of Common Stock
Vesting event
2027 annual general meeting
Cliff vesting expected in May 2027
Key Terms
restricted shares, cliff vesting, annual general meeting, grant, award, or other acquisition
4 terms
cliff vesting financial
"The restricted shares are subject to cliff vesting on the date of the Company's 2027 annual general meeting"
annual general meeting financial
"on the date of the Company's 2027 annual general meeting, expected to occur in May 2027"
grant, award, or other acquisition regulatory
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Orion Group Holdings (ORN) report for Mary E. Sullivan?
Orion Group Holdings reported that director Mary E. Sullivan received a grant of 7,236 shares of Common Stock. The shares were awarded as equity compensation at no cash cost per share and increased her directly held ownership stake in the company.
What does the Form 4 transaction code "A" mean for Orion Group Holdings (ORN)?
In this Orion Group Holdings Form 4, transaction code "A" denotes a grant, award, or other acquisition of shares. It indicates Mary E. Sullivan received 7,236 restricted shares as compensation rather than buying them in the open market for cash.