March 3, 2026 · Form 4 insider transaction
Boone Travis J bought 241,636 shares of Orion Marine Technologies Worldwide, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reported transaction reflects the payout of 241,636 performance stock units ("PSUs") granted to Mr. Boone in 2023, which were subject to a three-year cliff vesting period and performance conditions based 25% on absolute stock price performance and 75% on absolute ROIC performance. On March 3, 2026, the Compensation Committee determined that the applicable performance conditions were achieved at target, resulting in full payout and vesting of the 241,636 PSUs in the form of shares of common stock.