BRODIN J PER 4

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.