Paula Morabito - 02 Jan 2025 Form 4 Insider Report for Orchid Island Capital, Inc. (ORC)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ORC	Deferred Stock Units	Award	$0	+3,213	+10%	$0.000000	34,611	02 Jan 2025	Common Stock	3,213		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
F2	The deferred stock units are 100% vested but do not become payable until the earlier to occur of a change of control or the reporting person's death, disability, or separation from service as a director of the Issuer.