SHANFELTER AUSTIN J 4

What Happened Austin J. Shanfelter, a director of Orion Group Holdings Inc. (ORN), was granted 7,236 restricted shares (transaction code A) on 2026-05-19. The filing shows no per-share price or total dollar value (reported as N/A); this was an award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-20; accession 0001221430-26-000003).
• Transaction type/code: Award/Grant (A). Price and total value: N/A in the filing.
• Shares granted: 7,236 restricted shares.
• Shares owned after transaction: Not disclosed in the Form 4.
• Footnote: These restricted shares cliff vest on the date of the Company’s 2027 annual general meeting (expected May 2027), contingent on Mr. Shanfelter’s continued service through the vesting date.
• Timeliness: Form 4 was filed one day after the grant—within the standard two-business-day reporting window.

Context Restricted-share awards are compensation grants that typically cannot be sold until they vest; a cliff vesting schedule means the entire grant becomes unrestricted only on the specified future date (here, the 2027 AGM) if the director remains in service. Because this was a compensation award (not an open-market buy or sale), it reflects company compensation policy rather than an immediate trading signal.