Form 4: Orion Group Holdings Executive Stock Tax Withholding

EVP & General Counsel E. Chipman Earle reported the withholding of 2,884 shares to cover tax obligations from a restricted stock vesting.

Summary

• E. Chipman Earle, EVP & General Counsel of Orion Group Holdings, Inc. (ORN), executed a transaction on April 1, 2026.
• The company withheld 2,884 shares of common stock to satisfy tax withholding obligations related to the vesting of 11,842 restricted shares.
• Following this transaction, the reporting person retains 145,042 shares of common stock.
• The shares were valued at $11.24 per share for the purpose of the tax withholding.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a discretionary sale of stock.

Positives

• The transaction reflects the vesting of previously granted equity compensation, aligning executive interests with long-term shareholder value.

Negatives

• The transaction resulted in a reduction of the reporting person's direct beneficial ownership by 2,884 shares.

Risks

• No specific operational or financial risks are disclosed in this ownership filing.

Future Outlook

Not applicable as this is a routine insider ownership disclosure.

Industry Context

StockSavvy.ai notes that this is a standard administrative filing related to executive compensation and does not signal a change in corporate strategy or market outlook.

Comparison to Industry Standards

• The use of 'sell-to-cover' or share withholding for tax obligations upon vesting is a standard practice for publicly traded companies in the construction and engineering sector.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax compliance procedure.

Next Steps

• None

Key Dates

Keywords

Orion Group Holdings, ORN, Form 4, Insider Trading, Tax Withholding, Equity Compensation