{"schema_version":"secwatch.filing_event.v1","accession":"0001873923-25-000031","form_type":"8-K","ticker":"ONL","cik":"0001873923","company_name":"Orion Properties Inc.","filed_at":"2025-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.440791+00:00","generated_at":"2026-05-25T11:28:43.600289+00:00","sec_items":["2.02","5.03","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Orion Office REIT posts Q4 net loss $32.8M, cuts dividend, rebrands as Orion Properties","bullets":["Q4 rev $38.4M (-12% YoY); net loss $(32.8)M vs $(16.2)M loss; Core FFO $0.18 vs $0.33.","Full year 2024 revenue $164.9M (-15% YoY); net loss $(103.0)M; Core FFO $1.01 vs $1.68 in 2023.","Board declares Q1 2025 dividend of $0.02/share ($0.08 annualized), cutting payout to retain ~$17.9M cash annually.","Name changed to Orion Properties Inc.; strategy shift to dedicated use assets (flex/lab); ticker ONL unchanged.","CIO Gary Landriau to retire June 30, 2025; consulting through Jan 2026; expected ~$1M annual G&A savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001873923-25-000031","json":"https://secwatch.observer/filing/0001873923-25-000031.json","markdown":"https://secwatch.observer/filing/0001873923-25-000031.md","text":"https://secwatch.observer/filing/0001873923-25-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1873923/000187392325000031/0001873923-25-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1873923/000187392325000031/onl-20250305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T11:28:43.600289+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"}