---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016121"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:33:06.012991+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion Group secures ~$241M in new contracts; enters employment agreements with CEO, CFO

## Summary
- Entered $120M design-build contract in marine segment with undisclosed customer.
- Additional contracts in concrete and marine segments total ~$121M.
- Employment agreements with CEO Boone ($750K base) and CFO Thanisch effective Sept 27, 2023.
- Boone's agreement includes severance up to 36 months' salary upon qualifying termination.
- Non-compete restrictions apply for up to 24 months post-employment.

## SEC filing metadata
- accession: 0001558370-23-016121
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402829/000155837023016121/0001558370-23-016121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000155837023016121/orn-20230922x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016121
- JSON: https://secwatch.observer/filing/0001558370-23-016121.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016121.txt

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