Parker Ava L 4

What Happened

• Ava L. Parker, a director of Orchid Island Capital, Inc. (ORC), was granted 1,660 deferred stock units (DSUs) on 2026-05-29 at an imputed price of $6.95 per unit, totaling $11,537. The filing classifies the transaction as an award/grant (transaction code A) and as a derivative acquisition.

Key Details

• Transaction date: 2026-05-29; Form 4 filed 2026-06-01 (timely filing).
• Price/value: $6.95 per unit; total value $11,537.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: (1) Each DSU represents a right to receive one share of common stock. (2) These DSUs were issued in lieu of the reporting person's monthly dividend per her election. (3) The DSUs are 100% vested but are not payable until the earlier of a change of control or the reporting person's death, disability, or separation from service as a director.
• Transaction type: derivative award (not an open-market buy or a sale).

Context

• This was a compensation/dividend-related grant (deferred units), not a market purchase or sale; such awards are routine and do not necessarily signal the insider’s short-term view of the stock.
• Because the DSUs are vested but not payable until specific events, they are not immediately transferable or tradable as shares.