Orion Group Holdings Inc — Form 8-K

Orion Group Holdings executed an employment agreement effective October 12, 2026 with Alison G. Vasquez as Executive Vice President and Chief Financial Officer at $480,000 annual base salary plus 75% annual bonus target and ~$675,000 equity target. The agreement provides severance of 12 months salary plus benefits if terminated without cause outside a change-of-control period, escalating to 36 months salary plus full equity acceleration if terminated during a 12-month post-acquisition protection period. The agreement supersedes her prior May 23, 2025 offer letter and includes restrictive covenants (non-compete, confidentiality, non-solicitation) with 12–24 month restrictions depending on termination cause.