Parker Ava L 4
4 · Orchid Island Capital, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Orchid Island (ORC) Director Ava Parker Receives 1,680 Deferred Shares
What Happened
Ava L. Parker, a director of Orchid Island Capital, received 1,680 deferred stock units (DSUs) on February 27, 2026. The units are reported at $7.60 each for a total value of $12,768. This was an award/acquisition of derivative securities (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-27; reported filing date: 2026-03-02 (filed timely within required period).
- Price/value reported: $7.60 per unit; total $12,768.
- Security type: Deferred stock units (derivative), each representing a right to one share (see footnotes).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes summary:
- DSUs represent the right to receive one common share (F1).
- These units were issued in lieu of the issuer's monthly dividend per the reporting person's election (F2).
- The DSUs are 100% vested but are payable only upon a change of control, the reporting person's death or disability, or separation from service as a director (F3).
Context
This is a compensation-related award (deferred dividends) rather than a purchase or sale of stock. Because the DSUs are vested but not payable until specified events, they are not immediately tradable and do not reflect an immediate buy/sell signal.
Insider Transaction Report
Form 4
Parker Ava L
Director
Transactions
- Award
Deferred Stock Units
[F1][F2][F3]2026-02-27$7.60/sh+1,680$12,768→ 108,100 total→ Common Stock (1,680 underlying)
Footnotes (3)
- [F1]Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
- [F2]The reported shares represent deferred stock units issued in lieu of the Issuer's monthly dividend pursuant to the reporting person's election.
- [F3]The deferred stock units are 100% vested but do not become payable until the earlier to occur of a change of control or the reporting person's death, disability, or separation from service as a director of the Issuer.
Signature
/s/ Ava Parker|2026-03-02