Form 4: Orion Group Holdings EVP and CFO, Gordon Scott Thanisch, Acquires 4,000 Shares
SEC Form 4
Gordon Scott Thanisch, EVP and CFO of Orion Group Holdings, purchased 4,000 shares of common stock at $7.12 per share on April 30, 2024.
Summary
- On April 30, 2024, Gordon Scott Thanisch, the EVP and CFO of Orion Group Holdings Inc. [ORN], acquired 4,000 shares of common stock.
- The purchase price was $7.12 per share.
- Following the transaction, Thanisch directly owns 167,811 shares of Orion Group Holdings Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares suggests confidence, but the purchase is relatively small and may not be highly significant.
Positives
- The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored by regulators and investors as it can provide insights into a company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.
Stakeholder Impact
- The stock purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of the stock purchase transaction |
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