Earle Edward Chipman 4

What Happened
Earle Edward Chipman, EVP & General Counsel of Orion Group Holdings, had 2,884 shares withheld on April 1, 2026 to satisfy tax withholding obligations tied to the vesting of restricted shares. The withholding was at $11.24 per share, totaling about $32,416. This was not an open-market sale but a share-withholding to pay taxes on a prior award.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely filing).
• Action/code: F — payment of tax liability via share withholding.
• Withheld shares: 2,884 at $11.24 each; aggregate value ≈ $32,416.
• Award context: Withholding satisfied taxes on the vesting of 11,842 restricted shares granted March 20, 2025; Chipman retained 8,958 shares from that award (per footnote).
• No indication of a 10b5-1 plan or late filing in the report.

Context
Share withholding to cover taxes on vested restricted stock is routine and does not represent a market sale decision by the insider; it reduces the net shares received from the award. This transaction should be viewed as tax-related administrative action rather than a signal of insider buying or selling intent.