Form 4: Orion Group Director Quentin Smith Receives Stock Grant
Director Equity Grant
Director Quentin P. Smith Jr. acquired 7,236 shares of Orion Group Holdings Inc. common stock via a restricted stock grant.
Summary
- Quentin P. Smith Jr., a Director at Orion Group Holdings Inc. (ORN), was granted 7,236 shares of common stock.
- The transaction occurred on May 19, 2026.
- Following this acquisition, the director's total beneficial ownership increased to 97,895 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 routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Director alignment with shareholder interests is strengthened through increased equity ownership.
Negatives
- None identified.
Risks
- Vesting of the shares is contingent upon the director's continued service through the 2027 annual general meeting.
Future Outlook
The shares are expected to vest in May 2027, contingent upon the director's continued service to the company.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member incentives with long-term shareholder value creation.
Comparison to Industry Standards
- The grant of restricted stock to non-employee directors is a common practice among mid-cap industrial and construction services firms to ensure retention and alignment.
- The cliff vesting schedule is consistent with standard governance practices for equity-based compensation.
Stakeholder Impact
- Shareholders benefit from increased alignment between board members and company performance.
Next Steps
- Director to continue service through the 2027 annual general meeting to satisfy vesting requirements.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Date of the restricted stock grant transaction. |
| 05/20/2026 | Date the Form 4 was filed with the SEC. |
| 05/2027 | Expected date of the 2027 annual general meeting and cliff vesting of the shares. |
Keywords
Orion Group Holdings, ORN, Director, Insider Trading, Form 4, Equity Compensation
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