Posted on May 27, 2020
According to recent filings with the US Securities and Exchange Commission, the CEO and board members and insiders of Orion Marine received grants of company stock on May 21. These grants to 9 individuals totaled almost 340,000 shares, lead by CEO Mark Stauffer with 60,000 shares.
Orion has a market capitalization of about US$75 million; its shares have risen over 10% in the last week, to just over $2.50 per share in trading on Wednesday.
Orion VP and CFO Robert Tabb told DredgeWire that the grants were made in accordance with decisions taken at the Company’s recent annual meeting.
In separate news, Orion recently reported a contract award for $30mm ( see DredgeWire story link HERE)
Individuals receiving the stock awards were:
Mark Stauffer – 60,000
Robert Tabb – 20,000
Mary Sullivan – 39,823
Peter Buchler – 20,000
Margaret Foran – 39,823
Austin Shanfelter – 39,823
Richard Daerr – 39,823
Thomas Amonett – 39,823
Michael Caliel – 39,823
http://oriongroupholdingsinc.gcs-web.com/static-files/d34216c6-077a-449b-992e-6c9131807229
