Orion (ORN) Director Mary E. Sullivan Receives Award of 7,236 Shares

What Happened

• Mary E. Sullivan, a director of Orion Group Holdings, was awarded 7,236 restricted shares (transaction coded as an award/acquisition) on 2026-05-19. The filing lists the acquisition price as N/A and does not state a dollar value for the grant.

Key Details

• Transaction date: 2026-05-19 (Form 4 filed 2026-05-20 — timely).
• Transaction type: A (grant/award — restricted shares).
• Shares granted: 7,236; price/value: N/A in the filing.
• Shares owned after transaction: not disclosed in the provided summary.
• Footnote: These restricted shares are subject to cliff vesting at the Company’s 2027 annual general meeting (expected May 2027), contingent on Sullivan’s continued service through the vesting date.

Context

• This is a compensation-related award (restricted stock) rather than an open-market purchase or sale; such grants are common for directors and reflect compensation/retention, not an immediate market trade signal.
• Because the shares cliff-vest next year and are contingent on continued service, they are not immediately tradable.