Orion Group (NYSE: ORN) CEO shares withheld to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Orion Group Holdings President & CEO Travis J. Boone reported a routine tax-related share disposition. On March 20, 2026, 10,534 shares of common stock were withheld at $10.39 per share to cover taxes due on the vesting of restricted stock granted on March 20, 2024.
After this withholding, Boone directly holds 723,862 shares of Orion Group Holdings common stock. This was not an open-market sale but a standard mechanism for satisfying tax obligations tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Boone Travis J
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,534 | $10.39 | $109K |
Holdings After Transaction:
Common Stock — 723,862 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Orion Group Holdings (ORN) report for Travis J. Boone?
Orion Group Holdings reported that President & CEO Travis J. Boone had 10,534 shares of common stock withheld on March 20, 2026. The shares were withheld to cover taxes arising from the vesting of previously granted restricted stock, not from an open-market sale.
Was the Orion Group Holdings (ORN) insider transaction an open-market sale?
No, the transaction was not an open-market sale. 10,534 shares of common stock were withheld to pay taxes triggered by the March 20, 2026 vesting of restricted stock that was originally granted on March 20, 2024, as part of compensation.
Does the Orion Group Holdings (ORN) Form 4 indicate option exercises or only tax withholding?
The Form 4 indicates only a tax-withholding disposition of 10,534 common shares. It reflects shares withheld to satisfy tax liabilities from restricted stock vesting, and there are no derivative transactions or option exercises reported in the derivative section of this filing.