Form 4: Orion Group Holdings EVP Sells Shares for Tax
Insider Transaction Report
Orion Group Holdings' EVP & General Counsel, Edward Chipman Earle, disposed of 5,001 common shares to cover tax liabilities related to a restricted stock vesting.
Summary
- Edward Chipman Earle, Executive Vice President and General Counsel of Orion Group Holdings Inc. (ORN), reported a transaction.
- On November 28, 2025, Earle disposed of 5,001 shares of Orion Group Holdings common stock.
- This disposition was made to cover tax liabilities arising from the vesting of a portion of a restricted stock grant originally made on November 27, 2023.
- The shares were disposed of at a price of $10 per share.
- Following this transaction, Earle beneficially owns 125,757 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral, routine insider transaction for tax purposes, not indicative of positive or negative sentiment towards the company's prospects or the insider's view of the stock.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This transaction is a routine insider filing related to executive compensation and tax obligations, common across all industries for publicly traded companies. It does not reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a market sale based on performance.
Key Dates
| Date | Description |
|---|---|
| 11/27/2023 | Date of original restricted stock grant. |
| 11/28/2025 | Date of transaction, reflecting the vesting of restricted stock and subsequent disposition of shares for tax purposes. |
| 12/01/2025 | Date the Form 4 was signed by the reporting person. |
Recommendation
holdThe reported transaction is a routine disposition of shares by an executive to cover tax liabilities upon the vesting of restricted stock. It does not reflect a discretionary sale based on company performance or outlook, and therefore, does not provide a basis for altering an investment recommendation. The transaction was pre-planned under a Rule 10b5-1 plan.
Keywords
Orion Group Holdings, ORN, Edward Chipman Earle, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Executive Compensation
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