{"schema_version":"secwatch.filing_event.v1","accession":"0001402829-26-000054","form_type":"8-K","ticker":"ORN","cik":"0001402829","company_name":"Orion Group Holdings Inc","filed_at":"2026-10-15T20:37:19+00:00","discovered_at":"2026-10-15T20:38:00.279656+00:00","generated_at":"2026-10-15T20:38:05.352904+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Orion Group CFO Vasquez signs employment deal: $480K salary, 75% bonus target, 3x severance post-CIC","bullets":["Alison G. Vasquez's employment agreement, effective Oct 12, 2026, sets base salary at $480,000/year and target annual bonus at 75% of salary under the NEO Bonus Plan.","Long-term incentive target value ~$675,000/year, mix ~40% restricted shares and 60% performance share units; $1,250/month vehicle allowance plus $50/month phone stipend.","Initial term runs through Dec 31, 2026 and auto-renews each Jan 1; agreement supersedes the May 24, 2025 offer letter under which Vasquez became CFO.","Termination without cause or for good reason brings 12 months of salary continuation, $2,500/month transitional payments for 12 months, vehicle allowance and unpaid bonus.","Within 12 months after a Change in Control: 36 months' base salary lump sum, 3x prior-year bonus, and accelerated vesting of all equity at maximum performance level."],"urls":{"canonical":"https://secwatch.observer/filing/0001402829-26-000054","json":"https://secwatch.observer/filing/0001402829-26-000054.json","markdown":"https://secwatch.observer/filing/0001402829-26-000054.md","text":"https://secwatch.observer/filing/0001402829-26-000054.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1402829/000140282926000054/0001402829-26-000054-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1402829/000140282926000054/orn-20261012x8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-15T20:38:05.352904+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}