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Orion Marine Officials Receive Restricted Stock Awards (ORN)

Posted on May 23, 2021

A DredgeWire Exclusive

According to filings just made with the US Securities & Exchange Commission (SEC), the following Orion senior executives and Board Members received restrictive stock awards in the company on May 19:

Thomas Amonett Director 14,975 shares New Ownership 199,420
Peter Buchler EVP and General Counsel 32,000 shares New Ownership 300,412
Michael Caliel Director 14,975 shares New 111,653
Richard Daerr Director 14,975 shares New 208,280
Margaret Foran Director 14,975 shares New 69,016
Austin Shanfelter Director 14,975 shares New 145,650
Mark Stauffer President and CEO 88,000 shares New 788,552
Mary Sullivan Director 14,975 shares New 1,691,431
Robert Tabb EVP and CFO 40,000 shares New 160,812

 

According to the filing this grant of restricted stock vests in three equal annual installments beginning on May 19, 2022.

In recent trading ORN shares traded at about $6.25 per share with a total market cap of $189mm and were up almost 200% over the last year.

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