Orion Group (NYSE: ORN) CFO has shares withheld for taxes on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orion Group Holdings EVP and CFO Alison Gaut reported a routine tax-related share disposition. On the vesting of 9,546 restricted shares granted on June 23, 2025, the issuer withheld 2,325 shares to cover tax obligations, leaving Gaut with 7,221 shares from this award and 55,282 common shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vasquez Alison Gaut
Role
EVP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,325 | $15.56 | $36K |
Holdings After Transaction:
Common Stock — 55,282 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 2,325 shares
Vested restricted shares: 9,546 shares
Net shares from award: 7,221 shares
+2 more
5 metrics
Tax-withheld shares
2,325 shares
Withheld to satisfy tax obligations on vesting
Vested restricted shares
9,546 shares
Restricted shares that vested on June 23, 2025
Net shares from award
7,221 shares
Retained from the vested restricted stock award
Shares held after transaction
55,282 shares
Direct common stock holdings following the transaction
Implied tax price
$15.56 per share
Value per share for the 2,325 withheld shares
Key Terms
restricted shares, tax withholding obligations, vesting, tax-withholding disposition
4 terms
tax withholding obligations financial
"withheld 2,325 shares to satisfy tax withholding obligations in connection with the vesting"
vesting financial
"in connection with the vesting of 9,546 restricted shares granted to the Reporting Person"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Orion Group Holdings (ORN) report for Alison Gaut?
Orion Group Holdings reported that EVP and CFO Alison Gaut had 2,325 shares of common stock withheld to satisfy tax obligations upon vesting of restricted shares, a routine non-market transaction that did not involve an open-market purchase or sale of stock.
Was the Orion Group Holdings Form 4 transaction an open-market sale or purchase?
The Form 4 describes the transaction as a tax-withholding disposition, not an open-market sale or purchase. Shares were withheld by the issuer to cover tax obligations arising from restricted stock vesting, so no open-market trading decision occurred.