Key facts
- This page summarizes Robert E. Cauley's Form 4 filing for Orchid Island Capital, Inc. (ORC).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 27 Dec 2023, 19:04.
Robert E. Cauley - 26 Dec 2023 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- ORC
- Reported as of
- 26 Dec 2023
- Net transaction value
- -$3,027
- SEC form
- 4
- Accepted by SEC
- 27 Dec 2023, 19:04:39 UTC
- Prior SEC filing
- 13 Dec 2023
- Next SEC filing
- 29 Dec 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert E. Cauley
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert E. Cauley filed Form 4 for Orchid Island Capital, Inc. (ORC) on 27 Dec 2023.
Change
- Previous filing in this sequence was filed on 13 Dec 2023.
- Current net transaction value: -$3,027.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ORC
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,023
- Change %
- +1.8%
- Price
- $0.000000
- Shares after
- 114,332
- Date
- 26 Dec 2023
- Ownership
- Direct
- Footnotes
- F1
ORC
transaction
Common Stock
Tax liability
- Transaction value
- $3,027
- Shares
- -352
- Change %
- -0.31%
- Price
- $8.60
- Shares after
- 113,980
- Date
- 26 Dec 2023
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ORC
transaction
Derivative
Performance Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,024
- Change %
- -5.2%
- Price
- $0.000000
- Shares after
- 36,967
- Date
- 26 Dec 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,024
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
These shares represent 906 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 22, 2021 pursuant to the Issuer's 2012 Long Term Incentive Compensation Plan and 2020 Long Term Equity Incentive Compensation Plan, and 1,117 shares of the Company's common stock issued upon the vesting of Performance Units awarded to the Reporting Person on March 28, 2022 pursuant to the Issuer's 2021 Long Term Incentive Compensation Plan and 2021 Long Term Equity Incentive Compensation Plan. Cash was paid in lieu of issuing fractional shares based on the closing price of the Company's common stock on December 22, 2023.
Footnote F2
The Reporting Person disposed of these shares of the Company's common stock to the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting of shares.
Footnote F3
This price represents the closing price of the Issuer's common stock on December 22, 2023.