Welcome to our dedicated page for Orchid Is Cap SEC filings (Ticker: ORC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Orchid Island Capital, Inc. (NYSE: ORC) SEC filings page brings together the company’s regulatory disclosures as a specialty finance REIT focused on Agency residential mortgage-backed securities (RMBS). Orchid Island Capital files annual reports on Form 10-K, quarterly reports on Form 10-Q and frequent current reports on Form 8-K that provide insight into its Agency RMBS portfolio, leverage, hedging and REIT distribution practices.
In its Forms 8-K, the company reports results of operations and financial condition, including book value per common share, GAAP net income per share, and net realized and unrealized gains or losses on RMBS and derivative instruments. These filings often attach press releases that detail RMBS valuation characteristics, assets by Agency, Investment Company Act of 1940 whole pool test results, repurchase agreement exposure by counterparty and modeled interest rate sensitivity for the portfolio.
Other 8-K filings document monthly dividend declarations on Orchid Island Capital’s common stock, specifying the dividend amount, record date, payment date and ex-dividend date, and reiterating that the company must distribute at least 90% of its REIT taxable income to maintain REIT status. Additional current reports describe equity distribution agreements that support at-the-market offerings of common shares, including aggregate offering limits and compensation arrangements with sales agents.
Through Stock Titan, these SEC filings are updated from EDGAR and paired with AI-powered summaries that highlight key points from lengthy documents, such as changes in book value, leverage, liquidity, prepayment trends and capital markets activity. Users can quickly scan the latest 10-K, 10-Q and 8-K filings, understand how Orchid Island Capital’s Agency RMBS strategy and funding structure are evolving, and review disclosures that relate to dividends, risk factors and other material events.
Orchid Island Capital, Inc. is asking stockholders to vote at its 2026 annual meeting on June 9, 2026 in Vero Beach, Florida. Items include electing six directors, ratifying BDO USA, P.C. as auditor, approving executive pay on an advisory basis, and choosing an annual say‑on‑pay frequency.
The company highlights a majority‑independent board, a lead independent director, anti‑hedging and minimum ownership policies, and a formal clawback policy. It describes ESG practices, cybersecurity oversight, and a long‑term incentive plan that ties potential bonuses to peer‑relative performance and book value over one‑, three‑ and five‑year periods.
Orchid Island Capital, Inc. reported a net loss of $19.9 million, or $0.11 per share, for the quarter ended March 31, 2026, compared with net income of $17.1 million, or $0.18 per share, a year earlier.
Net interest income rose to $57.1 million from $19.7 million as interest income nearly doubled, but results were pressured by unrealized losses of $116.0 million on mortgage-backed securities, partly offset by $46.3 million gains on derivatives.
Total assets increased to $12.67 billion, including $11.34 billion of mortgage-backed securities funded mainly with $10.86 billion of repurchase agreements. The company issued 14.6 million shares via its at-the-market equity program, raising net proceeds of $107.8 million, and continued its dividend history with 2026 year-to-date cash dividends of $0.46 per share.
Orchid Island Capital, Inc. reported a net loss of $19.955 million for the three months ended March 31, 2026, compared with net income of $17.122 million a year earlier. The loss reflected $69.621 million in net realized and unrealized losses on Agency RMBS and derivative instruments, which more than offset higher net interest income.
Book value per share declined to $7.08 at March 31, 2026 from $7.54 at December 31, 2025, driven by a negative 1.3% economic return as the book value decline exceeded dividends of $0.36 per share. The RMBS portfolio at fair value rose to $11.34 billion, funded mainly by repurchase agreements of $10.86 billion, producing an adjusted leverage ratio of 7.8:1.
Orchid emphasized liquidity of $759.0 million in cash and unpledged securities and an average RMBS yield of 5.75% versus an average cost of funds of 3.84%. Management attributed the quarter’s volatility and spread widening to rapidly changing macro conditions and Middle East conflict, while noting that sector spreads have partially retraced since quarter end.
Orchid Island Capital, Inc. reported preliminary first-quarter 2026 results and declared its April 2026 monthly dividend. The company estimates book value at $7.08 per share as of March 31, 2026 and an estimated GAAP net loss of $0.11 per share for the quarter.
The loss per share includes an estimated $0.37 per share of net realized and unrealized losses on RMBS and derivatives, driving an estimated (1.3)% total return on equity, or a negative total return of $0.10 per share. These amounts are preliminary and will be reviewed by the independent auditor.
The Board declared a $0.10 per share cash dividend for April 2026, payable May 28, 2026 to holders of record on April 30, 2026, after paying total dividends of $0.36 per share during the quarter. As of March 31, 2026, Orchid Island’s RMBS portfolio totaled about $11.6 billion of mortgage assets, primarily Agency pass-through securities.
FILIPPS FRANK P reported acquisition or exercise transactions in this Form 4 filing.
Orchid Island Capital director Frank P. Filipps received a grant of 3,561 deferred stock units. These units are fully vested and each represents the right to receive one share of common stock. They will be paid only upon a change of control or his death, disability, or separation from service as a director. Following the award, he holds 50,289 deferred stock units in total, reflecting routine non-cash director compensation rather than an open-market share purchase or sale.
Bitting W Coleman reported acquisition or exercise transactions in this Form 4 filing.
Orchid Island Capital director Bitting W. Coleman received a routine equity award in the form of deferred stock units. The grant covers 3,561 deferred stock units at a price of $0.00 per unit, each representing the right to receive one share of common stock. Following this award, Coleman holds 50,289 deferred stock units. The units are fully vested but will only be paid in shares upon a change of control or Coleman's death, disability, or separation from service as a director.
Morabito Paula reported acquisition or exercise transactions in this Form 4 filing.
Orchid Island Capital director Paula Morabito received 3,561 deferred stock units as a compensation award. Each unit represents the right to receive one share of common stock, bringing her total deferred stock units to 52,100 held directly.
The units are fully vested but will only be paid out in shares upon a change of control of Orchid Island Capital, or upon her death, disability, or separation from service as a director. This filing reflects a routine grant rather than an open-market purchase or sale.
Orchid Island Capital director Ava L. Parker reported awards of deferred stock units that increase her equity-based compensation. On March 30, she acquired 1,877 deferred stock units, and on April 1 she acquired 3,561 deferred stock units, each representing one share of common stock.
The units are fully vested but only payable upon a change of control or her death, disability, or separation from service as a director. Following these awards, Parker holds 113,538 deferred stock units, reflecting a larger, long-term alignment with shareholders rather than open-market trading.
Orchid Island Capital Chief Financial Officer Haas G. Hunter IV exercised performance-based equity awards into common stock. On March 26, 2026, 3,031.72 Performance Units were converted into 3,031 shares of common stock, reflecting vesting of awards granted in April 2023 and March 2024.
To cover tax withholding tied to this vesting, 1,133 shares were returned to the company at a price of $7.15 per share, equal to the March 25, 2026 closing price. Following these compensation-related transactions, Hunter directly holds 135,684 shares of Orchid Island Capital common stock.