J. Per Brodin, EVP, CFO, CAO and Treasurer of Orion Energy Systems, Inc., filed a Form 4 on November 10, 2026, disclosing a purchase of 2,000 shares of common stock on that same date.

Key Highlights

  • Purchase transaction: Brodin acquired 2,000 shares of Orion Energy Systems common stock on November 10, 2026, using transaction code P (open-market purchase).
  • Weighted average price: The shares were purchased at a weighted average price of $12.76, with individual transaction prices ranging from $12.50 to $13.25, according to the filing.
  • Resulting ownership: Following the transaction, Brodin directly held 87,263 shares of common stock.
  • Stock options held: Brodin also holds 17,500 stock options with an exercise price of $19.75 (granted August 11, 2026) and 12,500 stock options with an exercise price of $6.00 (granted July 18, 2025), both directly owned.
  • Vesting conditions: Both option grants become exercisable in three equal increments only if the average closing price of the common stock equals or exceeds $30.00, $40.00, and $50.00 for five consecutive trading days within specified periods, subject to continued employment.

Brodin's November 2026 Open-Market Purchase and Option Holdings at Orion Energy Systems

According to the Form 4 filed with the SEC on November 10, 2026, J. Per Brodin, identified as EVP, CFO, CAO and Treasurer of Orion Energy Systems, Inc. (NASDAQ:OESX), reported an open-market purchase of 2,000 shares of the company's common stock. The filing states the weighted average purchase price was $12.76 per share, with actual prices ranging from $12.50 to $13.25. The filing notes that Brodin has agreed to provide details on the number of shares purchased at each price within that range upon request by the issuer, any security holder, or the SEC staff.

Following the reported transaction, the filing discloses that Brodin directly holds 87,263 shares of common stock. In Table II, the filing reports two derivative security positions, both held directly. The first is an option to purchase 17,500 shares of common stock at an exercise price of $19.75, granted August 11, 2026, under the Orion Energy Systems, Inc. 2016 Omnibus Incentive Plan. The second is an option to purchase 12,500 shares at an exercise price of $6.00, granted July 18, 2025, also under the same plan.

Both option grants share identical vesting conditions, according to the filing: each becomes exercisable, if at all, in three equal increments contingent on the average closing sale price of Orion Energy Systems common stock reaching or exceeding $30.00, $40.00, and $50.00, respectively, for five consecutive trading days during the three calendar years following the grant date, and only if Brodin remains employed by the company through each applicable vesting date. The filing was signed by Garrett F. Bishop as attorney-in-fact for J. Per Brodin.

What Was Disclosed

The filing disclosed an open-market purchase of 2,000 Orion Energy Systems common shares by CFO J. Per Brodin on November 10, 2026, at a weighted average of $12.76 per share, bringing his direct holdings to 87,263 shares, alongside two stock option grants with performance-based vesting conditions.