Parker Ava L 4

What Happened Ava L. Parker, a director of Orchid Island Capital, received awards of deferred stock units (DSUs). On 2026-03-30 she was issued 1,877 DSUs valued at $6.91 each (total value $12,970). On 2026-04-01 she was issued an additional 3,561 DSUs with a reported $0 acquisition price (these were issued in lieu of the issuer’s monthly dividend). Total DSUs received: 5,438. These are derivative awards (not open-market purchases or sales).

Key Details

• Transaction types: A (Award/Grant) reported as derivative acquisitions.
• Dates and prices:
  • 2026-03-30: 1,877 DSUs @ $6.91 — reported value $12,970.
  • 2026-04-01: 3,561 DSUs @ $0.00 — reported value $0 (dividend deferral).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F1: Each DSU equals the right to one common share.
  • F2: The 3,561 DSUs were issued in lieu of the issuer’s monthly dividend per the director’s election.
  • F3: DSUs are 100% vested but are payable only upon a change of control or the director’s death, disability, or separation from service.
• Filing timeliness: Reported on 2026-04-01 for transactions through 2026-04-01 — not indicated as late.

Context These entries are awards of deferred stock units, not cash purchases or open-market trades. DSUs are generally a form of deferred compensation and do not result in immediate shares being delivered to the director; they convert to actual shares (or their cash value) only upon specified triggering events. Such awards are common for directors and reflect compensation rather than a direct endorsement to buy or sell the stock.