Form 4: Orion Group Holdings Director Margaret M. Foran Acquires 10,695 Shares
SEC Form 4 Filing
Director Margaret M. Foran acquired 10,695 shares of Orion Group Holdings Inc. at $9.35 per share on May 16, 2024.
Summary
- On May 16, 2024, Margaret M. Foran, a director of Orion Group Holdings Inc., acquired 10,695 shares of common stock.
- The purchase price was $9.35 per share.
- Following the transaction, Foran directly owns 146,060 shares of Orion Group Holdings Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall 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
Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Margaret M. Foran acquired shares of Orion Group Holdings Inc. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
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