---
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"
generated_at: "2026-10-15T20:38:05.352904+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Orion Group CFO Vasquez signs employment deal: $480K salary, 75% bonus target, 3x severance post-CIC

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402829-26-000054
- JSON: https://secwatch.observer/filing/0001402829-26-000054.json
- Plain text: https://secwatch.observer/filing/0001402829-26-000054.txt

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