Form 4: Orion Properties Inc. Executive Vice President Reports Stock Disposal for Tax Withholding
SEC Form 4 Filing
Christopher Haviland Day, Executive Vice President and COO of Orion Properties Inc., disposed of 2,305 shares of common stock on March 7, 2025, to cover tax withholding obligations related to vested restricted stock units.
Summary
- On March 7, 2025, Christopher Haviland Day, the Executive Vice President and COO of Orion Properties Inc., disposed of 2,305 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements associated with the vesting of restricted stock units.
- The shares were disposed of at a price of $2.5 per share.
- Following the transaction, Day directly owns 92,408.384 shares of Orion Properties Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal for tax purposes and does not indicate a change in the executive's overall confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal transaction. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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