Boone Travis J 4

What Happened
Travis J. Boone, President & CEO (and Director) of Orion Group Holdings, had 15,377 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock. The withheld shares were valued at $11.24 each, for a total of $172,837, and the transaction occurred on 2026-04-01. This was a tax-withholding disposition (not an open-market sale); Boone retained 23,700 shares from the award after withholding.

Key Details

• Transaction date and price: 2026-04-01 — 15,377 shares @ $11.24 each = $172,837. (Transaction code F: tax withholding)
• Award context: Withholding relates to vesting of 39,077 restricted shares granted on March 20, 2025; 15,377 withheld, 23,700 retained (per footnote F1).
• Filing date/timeliness: Form 4 filed 2026-04-02 (next day) — appears timely.
• Shares owned after transaction: The filing reports Boone retained 23,700 shares from this award; total beneficial ownership across all holdings is not specified in the provided data.
• Nature of transaction: Tax withholding (routine), not a discretionary market sale.

Context
When restricted stock units (RSUs) vest, companies commonly withhold a portion of shares to cover required taxes — a routine administrative step that results in a disposition on the Form 4 but does not necessarily reflect the insider’s view of the stock. Purchases or open-market sales are generally more informative about insider sentiment than withholding transactions.