Form 4: Orion Group Holdings Director Acquires 10,695 Shares
SEC Form 4 Filing
Director Quentin P. Smith Jr. of Orion Group Holdings Inc. (ORN) purchased 10,695 shares of common stock at $9.35 per share on May 16, 2024.
Summary
- On May 16, 2024, Quentin P. Smith Jr., a director of Orion Group Holdings Inc. (ORN), acquired 10,695 shares of common stock.
- The purchase price was $9.35 per share.
- Following the transaction, Smith directly owns 89,373 shares of Orion Group Holdings Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director buying shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This transaction is a routine disclosure of insider trading activity. It's important to monitor such filings to gauge management and director sentiment towards the company's stock.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of the transaction where Quentin P. Smith Jr. acquired shares. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.