Parker Ava L 4

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.