Orion Group Holdings Inc·4

May 20, 5:56 PM ET

LEDFORD ROBERT 4

4 · Orion Group Holdings Inc · Filed May 20, 2026

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Orion Group (ORN) Director Robert Ledford Receives Restricted Shares

What Happened Robert Ledford, a director of Orion Group Holdings, received an award of 7,236 restricted common shares (transaction code A) on May 19, 2026. The filing shows no purchase price (N/A) and does not disclose a total dollar value — these were granted as restricted shares rather than bought on the open market.

Key Details

  • Transaction date: 2026-05-19; Filing date (Accession): 2026-05-20 (appears timely).
  • Price: N/A (restricted share award).
  • Shares received: 7,236 restricted shares.
  • Shares owned after transaction: not specified in this Form 4.
  • Footnote: F1 — the restricted shares cliff vest on the date of the Company’s 2027 annual general meeting (expected May 2027), contingent on Ledford’s continued service through the vesting date.

Context Restricted-share awards are a common form of director compensation and do not represent an open-market purchase or sale. Because these shares cliff vest in 2027, Ledford cannot sell them until (and unless) they vest, so this transaction does not provide an immediate market signal.

Insider Transaction Report

Form 4
Period: 2026-05-19
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-19+7,23623,112 total
Footnotes (1)
  • [F1]The restricted shares are subject to cliff vesting on the date of the Company's 2027 annual general meeting, expected to occur in May 2027, contingent upon the reporting person's continued service through the vesting date.
Signature
/s/ E. Chipman Earle, Attorney-in-Fact|2026-05-20

Documents

1 file
  • 4
    form4-05202026_090547.xmlPrimary