Boone Travis J 4
Research Summary
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Orion (ORN) CEO Travis J. Boone Withholds 10,534 Shares
What Happened Travis J. Boone, President & CEO and a director of Orion Group Holdings, had 10,534 restricted shares withheld to cover taxes payable on a portion of a restricted stock grant that vested on March 20, 2026. The withholding was recorded as a disposition at $10.39 per share, totaling approximately $109,448.
Key Details
- Transaction date: March 20, 2026
- Security: Common stock; Shares withheld/disposed: 10,534 at $10.39 each (total ≈ $109,448)
- Transaction code: F (payment of exercise price or tax liability — tax withholding)
- Footnote: Withholding reflects reduction of restricted stock to cover taxes from vesting of part of the March 20, 2024 restricted stock grant
- Shares owned after transaction: not specified in the filing
- Filing timeliness: Reported on March 20, 2026 (filed same day)
Context This was a tax-withholding disposition tied to vested restricted stock (a routine administrative action), not an open-market sale or a purchase. Such withholdings are common when restricted awards vest and generally reflect tax obligations rather than a change in insider sentiment.