Parker Ava L 4

What Happened Ava L. Parker, a director of Orchid Island Capital, received awards of deferred stock units (DSUs). On 2026-06-30 she was credited with 1,679 DSUs at a reported price of $6.97 each (total value $11,703). On 2026-07-01 she was credited with an additional 3,586 DSUs reported at $0.00 (no cash paid). Both transactions are reported as award/grant (derivative) transactions.

Key Details

• Transaction dates and values: 1,679 DSUs on 2026-06-30 @ $6.97 (total $11,703); 3,586 DSUs on 2026-07-01 @ $0.00 (total $0). Both coded as "A" (award/grant) and shown as derivative securities.
• Shares owned after transaction: Not disclosed in this filing.
• Filing: Form 4 filed 2026-07-01 for period ending 2026-06-30 (no late filing indicated).
• Footnotes (summary): F1—each DSU equals the right to one common share; F2—these DSUs were issued in lieu of the issuer’s monthly dividend per the director’s election; F3—DSUs are 100% vested but payable only upon change of control, death, disability, or separation from service as a director.

Context DSUs are derivative awards that represent a right to receive common stock later rather than immediate share ownership—here they are vested but not payable until specified events, so they do not increase tradable share count now. Awards issued in lieu of dividends are routine compensation for directors and are not the same as an open-market purchase or sale.