Form 4: Orion Office REIT Executive Vice President Gary E. Landriau Reports Stock Disposal for Tax Obligations

Gary E. Landriau, Executive Vice President and Chief Investment Officer of Orion Office REIT, disposed of 8,547 shares of common stock on February 26, 2025, to cover tax obligations related to vested restricted stock units.

Summary

• On February 26, 2025, Gary E. Landriau, an Executive Vice President and Chief Investment Officer at Orion Office REIT Inc. (ONL), disposed of 8,547 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The shares were disposed of at a price of $4.09 per share.
• Following the transaction, Landriau directly owns 86,910 shares of Orion Office REIT Inc.
• The transaction was reported on February 28, 2025.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it doesn't necessarily indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and prospects.

Key Dates