Form 4: Orion Group Director Michael Caliel Acquires 7,236 Shares

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

Summary

• Director Michael J. Caliel 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 214,412 shares.
• The shares are subject to cliff vesting scheduled for the 2027 annual general meeting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director compensation that does not signal a change in company fundamentals.

Positives

• Increased alignment between director interests and shareholder value through equity ownership.
• Demonstrates long-term commitment from a member of the board of directors.

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 on the date of the Company's 2027 annual general meeting, expected to occur in May 2027.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices intended to align board incentives with long-term shareholder performance in the construction and infrastructure sector.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to non-executive directors is consistent with standard compensation practices for mid-cap industrial companies.
• Cliff vesting schedules are common among peer companies to ensure director retention and long-term focus.

Stakeholder Impact

• Shareholders: Increased alignment of director interests with company performance.

Next Steps

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

Key Dates

Keywords

Orion Group Holdings, ORN, Insider Trading, Form 4, Director Equity, Stock Acquisition