UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~June~~July 228, 2026

Orchid Island Capital, Inc.

(Exact Name of Registrant as Specified in Charter)

Maryland	001-35236	27-3269228
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

3305 Flamingo Drive, Vero Beach, Florida 32963

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code (772) 231-1400

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:	Trading symbol:	Name of each exchange on which registered:
Common Stock, par value $0.01 per share	ORC	NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On ~~June~~July 228, 2026, Orchid Island Capital, Inc. (the “Company”) announced that the Board of Directors of the Company ~~(the~~declared ~~“Board”)~~a ~~approved~~dividend anfor ~~increase to its previously announced stock repurchase program (~~the ~~“Repurchase~~month ~~Program”)~~of ~~for~~July ~~up to an additional 25,000,000~~2026 ~~shares~~ of ~~the Company’s common stock, which results in a total authorization under the Repurchase Program for up to 26,612,580~~$0.10 ~~shares,~~per ~~representing~~share ~~approximately 13.3%~~ of the Company’s ~~currently outstanding shares of~~ common stock~~. As part of the Repurchase Program~~, ~~shares~~to ~~may~~ be ~~purchased~~paid inon ~~open~~August ~~market transactions~~28, ~~including through block purchases~~2026, ~~through privately negotiated transactions, or pursuant~~ to ~~any~~holders ~~trading plan that may be adopted in accordance with Rule 10b5-1~~ of ~~the~~record ~~Securities~~on ~~Exchange~~July ~~Act~~31, ~~of 1934~~2026, ~~as amended (the “Exchange Act”). Open market repurchases will be made in accordance~~ with ~~Exchange~~an ~~Act Rule 10b~~ex-~~18,~~dividend ~~which~~date ~~sets~~of ~~certain~~July ~~restrictions on the method~~31, ~~timing, price and volume of open market stock repurchases~~2026. ~~The~~A ~~timing,~~copy ~~manner, price and amount~~ of ~~any repurchases will be determined by~~ the Company’s inpress ~~its~~release ~~discretion~~announcing ~~and~~the ~~will~~dividend ~~be subject to economic~~ and ~~market~~announcing ~~conditions, stock price, applicable legal requirements and~~ other ~~factors.~~information ~~The~~regarding ~~authorization does not obligate~~ the Company is toattached ~~acquire~~hereto ~~any~~as ~~particular~~Exhibit ~~amount~~99.1 ~~of common stock,~~ and ~~the~~incorporated ~~Repurchase~~herein ~~Program~~by ~~may~~this ~~be suspended or discontinued at the Company’s discretion without prior notice~~reference. ~~The Repurchase Program has no termination date.~~

ACaution ~~copy~~About ofForward-Looking ~~the Company’s press release announcing the increase in the size of the Repurchase Program and the Company's estimated book value as of June 18, 2026 is attached hereto as Exhibit 99~~Statements.1 ~~and incorporated herein by this reference.~~

~~Caution~~This ~~About~~Current ~~Forward~~Report on Form 8-~~Looking~~K ~~Statements~~contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, but not limited to, statements about the Company’s distributions. These forward-looking statements are based upon the Company’s present expectations, but the Company cannot assure investors that actual results will not vary from the expectations contained in the forward-looking statements. Investors should not place undue reliance upon forward looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including, but not limited to, statements about the Company’s Repurchase Program. These forward-looking statements are based upon the Company’s present expectations, but the Company cannot assure investors that actual results will not vary from the expectations contained in the forward-looking statements. Investors should not place undue reliance upon forward looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release dated ~~June~~July ~~22,~~8 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: June 22, 2026		ORCHID ISLAND CAPITAL, INC.
Date: January 8, 2026		ORCHID ISLAND CAPITAL, INC.
	By:	/s/ Robert E. Cauley
		Robert E. Cauley
		Chairman and Chief Executive Officer

Filing Compare · Orchid Island Capital, Inc.