secwatch.observer — SEC 8-K summary
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Issuer:     Orion Group Holdings Inc (ORN)
CIK:        0001402829
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001402829-23-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Group notifies EVP & General Counsel Peter Buchler of non-renewal; retirement effective Jan 1, 2024 or later
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- Peter R. Buchler's employment agreement expires Sep 30, 2023; Company elects not to renew.
- He will remain employed until later of Jan 1, 2024 or 30 days after new General Counsel starts.
- Receives 12 months severance, 2023 NEO bonus eligibility, and continued equity vesting for one year post-retention date.
- Outstanding stock options exercisable through earlier of 10th anniversary of grant or first anniversary of retention date.
- Restricted period under employment agreement ends on first anniversary of retention date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402829/000140282923000046/0001402829-23-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402829/000140282923000046/orn-20230731x8k.htm
  HTML page:      https://secwatch.observer/filing/0001402829-23-000046

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