---
schema_version: "secwatch.filing_event.v1"
accession: "0001402829-24-000034"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T15:04:45.655639+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Orion Group shareholders approve ESPP & LTIP amendment; director Richard Daerr retires

## Summary
- ESPP authorized: up to 1M shares at 15% discount; first offering period starts Sept 16, 2024.
- LTIP amendment increases share pool by 1.56M to 3.735M shares; approved by shareholders.
- Director Richard Daerr Jr. retired after 17 years on board; board size reduced to 7.
- All five proposals passed with strong support; over 78% of shares voted.

## SEC filing metadata
- accession: 0001402829-24-000034
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000034/0001402829-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000034/orn-20240516x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402829-24-000034
- JSON: https://secwatch.observer/filing/0001402829-24-000034.json
- Plain text: https://secwatch.observer/filing/0001402829-24-000034.txt

## Key facts
- Executive change
  Richard Daerr, Jr. retired as Director at Orion Group Holdings Inc.
  - Action: retired
  - Role: Director
  source text: As previously announced on March 25, 2024, after almost 17 years of service on the Board of Directors (the “Board”) of the Company, including 13 years of service as Non-Executive Chairman of the Board and one year as Lead Independent Director, Mr. Richard Daerr, Jr. retired from the Board effective at the conclusion of the Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000034/0001402829-24-000034-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.