Form 4: Orion Group Holdings Director Michael J. Caliel Acquires 10,695 Shares

Director Michael J. Caliel of Orion Group Holdings Inc. acquired 10,695 shares of common stock at $9.35 per share on May 16, 2024.

Summary

• On May 16, 2024, Michael J. Caliel, a director of Orion Group Holdings Inc., purchased 10,695 shares of the company's common stock.
• The shares were acquired at a price of $9.35 per share.
• Following the transaction, Caliel directly owns 195,695 shares of Orion Group Holdings Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. Insider buying is generally viewed positively, but without additional context, it's difficult to gauge the significance.

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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future performance.

Stakeholder Impact

• The stock purchase by a director could positively influence shareholder sentiment.

Key Dates