Director Sells Over $1 Million in Shares Following Recent Positive Earnings
ORN has more than doubled off its 52-week low of $4.64 on elevated volume (1.9× avg).
Summary
Director Austin J. Shanfelter sold 90,000 shares of Orion Group Holdings common stock for approximately $1.095 million in an open market transaction.
Key Events · Ownership and Investor Activity · ORN
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Director Sells Shares
Director Austin J. Shanfelter disposed of 90,000 shares of common stock in an open market transaction.
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Significant Transaction Value
The shares were sold for a total value of $1,095,417 at a weighted average price of $12.17 per share.
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Follows Intent to Sell
This sale follows a Form 144 filing on March 9, 2026, and an amended Form 144/A on March 10, 2026, indicating the intent to sell these shares.
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Post-Transaction Holdings
Following this transaction, Mr. Shanfelter directly holds 329,215 shares of Orion Group Holdings common stock.
Analysis · ORN · Real Estate & Construction
Director Austin J. Shanfelter executed an open market sale of 90,000 shares, valued at over $1 million. This transaction follows recent positive financial news from Orion Group Holdings, which reported a significant turnaround from a net loss to GAAP net income. The sale by a director, especially after a period of positive company performance and after previously filing an intent to sell, could be interpreted by investors as a move to lock in gains or a signal of reduced conviction, potentially offsetting some of the recent positive sentiment.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1605 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ORN was trading at $11.71 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $469.4M. The 52-week trading range was $4.64 to $15.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.