Form 4: Orion Group Holdings Director Mary E. Sullivan Acquires 10,000 Shares

Director Mary E. Sullivan purchased 10,000 shares of Orion Group Holdings Inc. at an average price of $6.7988 on August 5, 2024.

Summary

• On August 5, 2024, Mary E. Sullivan, a director of Orion Group Holdings Inc., acquired 10,000 shares of common stock.
• The shares were purchased at a weighted average price of $6.7988 per share.
• The transactions ranged from $6.785 to $6.80, inclusive.
• Following the transaction, Sullivan directly owns 256,187 shares of Orion Group Holdings Inc.

Sentiment

Score: 6

Explanation: Insider buying is generally viewed as a positive sign, suggesting the director believes the stock is undervalued. However, the purchase is relatively small and may not be highly significant.

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 is a standard Form 4 filing, which is common for corporate insiders who trade in their company's stock. It provides transparency to the market regarding insider transactions.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates