Washlow Sally A. 4

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.