Form 4: Orion Group Holdings Director Thomas Amonett Acquires 10,695 Shares
SEC Form 4
Director Thomas Amonett 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, Thomas N. Amonett, 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, Amonett directly owns 276,464 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
Insider transactions are closely monitored as they can provide insights into a company's performance and future expectations. A director's purchase is often viewed positively.
Stakeholder Impact
- The purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock acquisition by Thomas N. Amonett |
| 05/20/2024 | Date of signature on the Form 4 filing |
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