Form 4: Director Austin Shanfelter Acquires Orion Group Shares

Director Austin J. Shanfelter acquired 7,236 shares of Orion Group Holdings, Inc. common stock via a restricted stock grant.

Summary

• Director Austin J. Shanfelter was granted 7,236 shares of common stock in Orion Group Holdings, Inc. (ORN).
• The transaction occurred on May 19, 2026.
• Following this acquisition, the director's total beneficial ownership increased to 336,451 shares.
• The shares are subject to cliff vesting on the date of the 2027 annual general meeting, expected in May 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine corporate governance filing reflecting standard director compensation.

Positives

• Increased alignment between director interests and shareholder value through equity ownership.
• Demonstrates confidence from a board member in the company's long-term prospects.

Negatives

• None identified; this is a standard equity compensation grant for a director.

Risks

• Vesting is contingent upon the director's continued service through the 2027 annual general meeting.

Future Outlook

The shares are subject to cliff vesting in May 2027, contingent upon the director's continued service.

Management Comments

• The restricted shares are subject to cliff vesting on the date of the Company's 2027 annual general meeting.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices intended to incentivize long-term board commitment and align leadership with shareholder outcomes.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to non-employee directors is consistent with standard compensation practices for mid-cap industrial and construction firms.
• Cliff vesting schedules are common in the industry to ensure director retention over a multi-year period.

Stakeholder Impact

• Positive signal for shareholders as it indicates director commitment to the company.

Next Steps

• Vesting of the 7,236 shares at the 2027 annual general meeting.

Key Dates

Keywords

Orion Group Holdings, ORN, Insider Trading, Director Compensation, Form 4, Equity Grant