BRODIN J PER 4

4 · ORION ENERGY SYSTEMS, INC. · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

Orion Energy (OESX) EVP/CFO Brodin J Per Buys 500 Shares

What Happened

Brodin J Per, who serves as Executive Vice President, Chief Financial Officer, Chief Accounting Officer and Treasurer of Orion Energy Systems, bought 500 shares in an open-market purchase on February 27, 2026. The shares were purchased at $11.07 per share for a total cash outlay of $5,535. This was a straight purchase (code P), which is a direct acquisition rather than a sale or an option exercise.

Key Details

Transaction date: 2026-02-27
Transaction type and code: Open market purchase (P)
Price and quantity: 500 shares at $11.07 each; total value $5,535
Filing date / timeliness: Report filed 2026-02-27 (same day as transaction in the provided data)
Shares owned after transaction: Not specified in the provided excerpt of the filing
Relevant footnotes from the filing:
- F1/F3: On Aug 22, 2025, the company effected a 1-for-10 reverse stock split that proportionately reduced issued shares and adjusted option share counts and exercise prices.
- F2: The reporting person received a performance-vesting option grant on July 16, 2025, exercisable in three equal increments only if Orion’s average closing price meets $30, $40 and $50 thresholds over specified periods.

Context

This is a small open-market purchase (about $5.5k) by a senior executive. Purchases can be viewed as a direct acquisition of shares, but the size here is modest and does not by itself indicate a material change in insider conviction. The filing includes important background items (a recent reverse split and a performance-based option grant) that affect historical and potential future holdings.

Form 4

Period: 2026-02-27

EVP, CFO, CAO & Treasurer

Transactions

Holdings

Stock Options (right to buy)
[F2][F3]
Exercise: $6.00Exp: 2035-07-17→ Common Stock (12,500 underlying)
12,500

Footnotes (3)

[F1]On August 22, 2025, the issuer effected a 1-for-10 reverse stock split of the issued and outstanding shares of its common stock. Upon effectiveness of the reverse stock split, every 10 shares of common stock was automatically converted into one share of common stock, resulting in the reporting person's beneficial ownership of 830,802 less shares of common stock held directly.
[F2]Grant to reporting person of option to buy shares under the Orion Energy Systems, Inc. 2016 Omnibus Incentive Plan. This option was granted July 16, 2025 and becomes exercisable, if at all, in three equal increments if the average closing sale price of Orion Energy Systems, Inc.'s common stock, for five consecutive trading days during the three calendar years immediately following the date of the grant, equals or exceeds $30.00, $40.00 and $50.00, respectively.
[F3]On August 22, 2025, the issuer effected a 1-for-10 reverse stock split of the issued and outstanding shares of its common stock. Upon effectiveness of the reverse stock split, every 10 shares of common stock was automatically converted into one share of common stock, and the number of shares subject to the reporting person's option was divided by 10, such that the option is exercisable for 112,500 less shares of common stock. Additionally, proportionate equitable adjustments were made to the exercise price of the option and the vesting requirements for the performance-vesting portion of the option.

Signature

/s/ Steven R. Barth, Attorney-in-Fact for J. Per Brodin|2026-02-27

1 file