Director Ava L. Parker filed a statement of changes in beneficial ownership with the U.S. Securities and Exchange Commission on August 3, 2026, reporting the Acquisition of deferred stock units in Orchid Island Capital , Inc. (NYSE: ORC) dated July 31, 2026.

Key Highlights

  • Reporting person: Ava L. Parker, identified as a Director of Orchid Island Capital, Inc.
  • Security acquired: 1,791 deferred stock units in Orchid Island Capital, Inc. common stock, acquired on July 31, 2026.
  • Price per unit: $6.63, as stated in the filing.
  • Total beneficial ownership: 124,131 deferred stock units following the reported transaction, held directly.
  • Nature of award: Units were issued in lieu of the issuer's monthly Dividend pursuant to the reporting person's election, according to the filing.
  • Vesting and payability: The deferred stock units are 100% vested but do not become payable until the earlier of a change of control or the reporting person's death, disability, or separation from service as a director.

Orchid Island Capital Director Acquires Units Tied to Monthly Dividend Election

According to the filing, Ava L. Parker, a Director of Orchid Island Capital, Inc., acquired 1,791 deferred stock units on July 31, 2026. The filing states that each deferred stock unit represents a right to receive one share of the issuer's common stock. The units were issued in lieu of the issuer's monthly dividend, reflecting the reporting person's prior election to receive dividend equivalents in this form rather than cash.

Orchid Island Capital, Inc. is a specialty finance company that invests in residential mortgage-backed securities and is listed on the New York Stock Exchange under the ticker ORC. The company's Business model centers on generating income from its Mortgage asset portfolio, and it is structured as a real estate Investment trust, which requires regular distributions to shareholders. The filing indicates the acquisition price was $6.63 per unit, and following the transaction, Parker beneficially owned a total of 124,131 deferred stock units on a direct basis.

The filing further discloses that although the deferred stock units are 100% vested, they do not become payable until the earlier occurrence of a change of control of the issuer or the reporting person's death, disability, or separation from service as a director. No disposition of securities was reported. The filing was signed by Ava Parker and submitted to the SEC on August 3, 2026.

What Was Disclosed

The filing reported the acquisition of 1,791 deferred stock units at $6.63 per unit by Director Ava L. Parker on July 31, 2026, issued in lieu of Orchid Island Capital's monthly dividend, bringing her total direct beneficial ownership to 124,131 units.