Caliel Michael J 4

What Happened

• Michael J. Caliel, a director of Orion Group Holdings Inc. (ORN), was granted 7,236 restricted shares reported on Form 4 for a 2026-05-19 acquisition (transaction code A). No per-share price or total dollar value is reported because this was a stock award rather than an open-market transaction.

Key Details

• Transaction date: 2026-05-19 (Period of Report); Form 4 filed: 2026-05-20.
• Transaction type: Award/Grant (Form 4 code A); price: N/A (compensation award).
• Shares involved: 7,236 restricted shares.
• Shares owned after transaction: Not provided in the supplied filing details.
• Vesting/conditions: Footnote—these restricted shares cliff vest at the Company's 2027 annual general meeting (expected May 2027) and are contingent on Caliel’s continued service through the vesting date.
• Timeliness: Filed the day after the reported transaction (appears timely based on provided dates).

Context

• Restricted stock awards to directors are a form of compensation and typically vest over time; they are not an immediate purchase or sale and do not by themselves indicate the insider is buying or selling for market exposure. The economic value of the award depends on ORN’s share price at vesting; check the company’s proxy/compensation disclosures for more detail.