Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-20

Orion Group Holdings (ORN)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$3,729,160
Travis Boone total, FY2025
CEO pay percentile vs peers
50:1
CEO-to-median pay ratio
98.53%
Say-on-pay support, latest vote
Companies that benchmark against ORN
No companies currently name ORN as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Travis Boone$840,000$0$1,951,280$0$891,240$0$46,640$3,729,160
President and Chief Executive Officer
E. Chipman Earle435,00050,000591,2970276,921046,6401,399,858
Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary
G. Scott Thanisch251,5380709,557000239,4431,200,538
Former Executive Vice President, Chief Financial Officer and Treasurer
Alison Vasquez225,00050,000253,7240188,364023,250740,338
Executive Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Travis Boone$3,729,160
E. Chipman Earle1,399,858
G. Scott Thanisch1,200,538
Alison Vasquez740,338

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Travis BooneRSU2025-03-20117,229$690,479
Travis BoonePSU2025-03-2087,922175,844351,6881,260,801
E. Chipman EarlePSU2025-03-2026,64353,286106,572382,061
E. Chipman EarleRSU2025-03-2035,524209,236
G. Scott ThanischPSU2025-03-2031,97263,943127,886458,472
G. Scott ThanischRSU2025-03-2042,629251,085
Alison VasquezRSU2025-06-2328,637253,724
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Travis Boone$690,479$1,260,801$064.6%
E. Chipman Earle209,236382,061064.6%
G. Scott Thanisch251,085458,472064.6%
Alison Vasquez253,724000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Travis BoonePSU120,453$1,197,303
Travis BoonePSU241,6362,401,862
Travis BoonePSU175,8441,747,889
Travis BooneRSU117,2291,165,256
Travis BooneRSU53,534532,128
E. Chipman EarlePSU53,286529,663
E. Chipman EarlePSU41,068408,216
E. Chipman EarleRSU35,524353,109
Alison VasquezRSU28,637284,652
E. Chipman EarleRSU20,533204,098
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1929,338,341437,75316,30498.53%Passed
20252025-05-1526,029,4271,465,950215,42994.67%Passed
20242024-05-1619,757,309490,42627,09997.58%Passed
20232023-05-1815,204,0533,642,57250,73480.67%Passed
20222022-05-1916,211,7962,095,01762,73388.56%Passed
20212021-05-2017,713,811565,260313,18396.91%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1998.53%a
20252025-05-1594.67%b
20242024-05-1697.58%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)50 : 1
CEO total compensation
Median employee compensation$74,579
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Austin J. ShanfelterIndependent · Board Chair · Compensation · Nominating and Governance$190,000$100,000$290,000
Margaret M. ForanIndependent · Compensation · Nominating & Governance (Chair)105,000100,000205,000
Mary E. SullivanIndependent · Audit (Chair) · Nominating/Governance105,000100,000205,000
Quentin P. Smith JrIndependent · Compensation · Audit100,591100,000200,591
Thomas N. AmonettIndependent · Audit · Nominating/Governance94,409100,000194,409
Michael J. CalielIndependent · Compensation · Audit90,000100,000190,000
Robert S. LedfordIndependent · Compensation · Audit · Newly elected10,51648,21858,734
Travis J. BooneEmployee director0
09

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$100,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 15,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$695,516
Equity awards (grant-date value)$648,218
All other compensation$0
Total cost of the board$1,343,734

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Orion Group Holdings2025Travis Boone$840,000$1,951,280$0$891,240$3,729,160

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Travis BooneDEF 14A2026-04-010001402829-26-000029Section “SUMMARY COMPENSATION TABLE” · page 51. As printed: 3,729,160. Filing ↗machine: span 958598–958607
2Section 01, E. Chipman EarleDEF 14A2026-04-010001402829-26-000029Section “SUMMARY COMPENSATION TABLE” · page 51. As printed: 1,399,858. Filing ↗machine: span 980451–980460
3Section 01, G. Scott ThanischDEF 14A2026-04-010001402829-26-000029Section “SUMMARY COMPENSATION TABLE” · page 51. As printed: 1,200,538. Filing ↗machine: span 993448–993457
4Section 01, Alison VasquezDEF 14A2026-04-010001402829-26-000029Section “SUMMARY COMPENSATION TABLE” · page 51. As printed: 740,338. Filing ↗machine: span 971349–971356
5Section 03, Travis Boone RSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 1042161–1042168
6Section 03, Travis Boone PSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 1045392–1045401
7Section 03, E. Chipman Earle PSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 1069254–1069261
8Section 03, E. Chipman Earle RSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗
9Section 03, G. Scott Thanisch PSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: span 1082842–1082849
10Section 03, G. Scott Thanisch RSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗
11Section 03, Alison Vasquez RSUDEF 14A2026-04-010001402829-26-000029Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. Filing ↗
12Section 07, pay ratioDEF 14A2026-04-010001402829-26-000029Section “CEO Pay Ratio”. As printed: 50 : 1. Filing ↗
13Section 08, Austin J. ShanfelterDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 290,000. Filing ↗machine: span 626529–626536
14Section 08, Margaret M. ForanDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 205,000. Filing ↗machine: span 622589–622596
15Section 08, Mary E. SullivanDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 205,000. Filing ↗machine: span 630473–630480
16Section 08, Quentin P. Smith JrDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 200,591. Filing ↗machine: span 628503–628510
17Section 08, Thomas N. AmonettDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 194,409. Filing ↗machine: span 618648–618655
18Section 08, Michael J. CalielDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 190,000. Filing ↗machine: span 620618–620625
19Section 08, Robert S. LedfordDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 58,734. Filing ↗machine: span 624557–624563
20Section 08, Travis J. BooneDEF 14A2026-04-010001402829-26-000029Section “Director Compensation”. As printed: 0. Filing ↗
21Section 06, 2026 voteForm 8-K2026-05-200001402829-26-000040Item 5.07 · say-on-pay result. As reported: 98.53% (votes for as printed: 29,338,341). Filing ↗
22Section 06, 2025 voteForm 8-K2025-05-190001402829-25-000029Item 5.07 · say-on-pay result. As reported: 94.67% (votes for as printed: 26,029,427). Filing ↗
23Section 06, 2024 voteForm 8-K2024-05-170001402829-24-000034Item 5.07 · say-on-pay result. As reported: 97.58% (votes for as printed: 19,757,309). Filing ↗
24Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
25Section 09b board cost (computed)ComputedcomputedCash 695,516 + equity 648,218 + all other 0 = 1,343,734, summed across the director compensation table rows.machine: formula: Σ = 1,343,734
26Orion Group Holdings (subject), Section 10b CEO totalDEF 14A2026-04-010001402829-26-000029CEO total compensation as printed in Orion Group Holdings's own proxy. As printed: 3,729,160. Filing ↗machine: span 958598–958607