FORAN MARGARET M 4
Research Summary
AI-generated summary
Orion Group (ORN) Director Margaret Foran Sells 30,000 Shares
What Happened
Margaret M. Foran, a director of Orion Group Holdings, sold a total of 30,000 common shares in two open-market transactions: 20,000 shares on 2026-05-01 and 10,000 shares on 2026-05-04. The reported weighted-average price for both entries was $14.62 per share, for combined gross proceeds of approximately $438,600. These were outright sales (transaction code S), which are typically routine dispositions rather than affirmative bullish purchases.
Key Details
- Transaction dates and sizes: 20,000 shares sold on 2026-05-01; 10,000 shares sold on 2026-05-04.
- Reported prices: weighted average $14.62 per share for both filings.
- Footnote F1 (May 1 sale): actual trade prices ranged $14.55–$14.73; weighted average reported.
- Footnote F2 (May 4 sale): actual trade prices ranged $14.60–$14.70; weighted average reported.
- Total proceeds: ~ $292,400 (May 1) + ~$146,200 (May 4) = ~$438,600.
- Shares owned after transaction: not disclosed in the provided filing.
- Filing: Form 4 was filed on 2026-05-04. Transactions and filing appear timely under standard two-business-day reporting rules.
- Transaction code: S = Sale.
Context
These were open-market sales by a company director and do not, by themselves, indicate management’s view of the company’s prospects. Footnotes indicate the reported price is a weighted average and the sales occurred across multiple trade prices; the filer offers to provide per-price breakout on request. For retail investors, purchases are generally considered more informative of insider confidence; sales can reflect routine diversification or liquidity needs.