Washlow Sally A. 4
4 · ORION ENERGY SYSTEMS, INC. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
Orion Energy (OESX) CEO Sally Washlow Buys 2,735 Shares
What Happened
Sally A. Washlow, CEO of Orion Energy Systems, Inc. (OESX), made two open-market purchases: 955 shares on 2026-06-23 at a weighted-average price of $9.50 (≈ $9,073) and 1,780 shares on 2026-06-24 at $9.47 (≈ $16,857). Combined, she acquired 2,735 shares for roughly $25,930. These were outright purchases (transaction code P), which investors often view as a bullish sign since an insider added to her holdings.
Key Details
- Transaction dates and prices:
- 2026-06-23: 955 shares @ weighted avg $9.50 (total ≈ $9,073)
- 2026-06-24: 1,780 shares @ weighted avg $9.47 (total ≈ $16,857)
- Aggregate purchase: 2,735 shares for ~ $25,930.
- Price range: per filing footnote, actual trade prices ranged from $9.44 to $9.50 (F1 — weighted average used).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote F2 in the filing describes a separate option grant vesting schedule (50,000 shares total with time- and performance-based vesting); no option exercise was reported in these transactions.
- Filing date: 2026-06-25 for transactions on 6/23–6/24 — appears to be timely (Form 4 is typically due within two business days).
Context
- These were open-market purchases (not option exercises or gifts), so Washlow paid cash to acquire the shares.
- The option-vesting footnote (F2) describes future vesting conditions for an existing grant; it does not indicate any exercised or newly issued shares in this Form 4.
- For retail investors, insider purchases can be a useful data point but should be considered alongside company fundamentals and broader market context.
Insider Transaction Report
Form 4
Washlow Sally A.
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2026-06-23$9.50/sh+955$9,073→ 47,479 total - Purchase
Common Stock
[F1]2026-06-24$9.47/sh+1,780$16,857→ 49,259 total
Holdings
- 100(indirect: By Spouse)
Common Stock
- 50,000
Stock Options (right to buy)
[F2]Exercise: $6.00Exp: 2035-07-17→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The price in Column 4 is a weighted average price. The prices actually received ranged from $9.44 to $9.50. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
- [F2]This option becomes exercisable as follows: (i) the portion of the stock option exercisable for one-half of the option shares (25,000 shares) will vest in three equal increments on each of the first three anniversaries of the grant date, provided Ms. Washlow remains in Orion Energy Systems, Inc.'s employment until the applicable vesting date, and (ii) the second one-half of the grant (25,000 shares) will vest, if at all, in three equal increments if the average closing sale price of Orion Energy Systems, Inc.'s common stock, for five consecutive trading days during the three calendar years immediately following the date of the grant, equals or exceeds $30.00, $40.00 and $50.00, respectively, provided Ms. Washlow remains in Orion Energy Systems, Inc.'s employment until the applicable vesting date.
Signature
/s/ Steven R. Barth, Attorney-in-Fact for Sally A. Washlow|2026-06-25