Orion Energy Systems CEO Sally Washlow buys $9,906 in common stock

Orion Energy Systems CEO Sally Washlow invested $9,906 by buying 812 shares of company common stock on November 11, 2026, filing with the Securities and Exchange Commission. Purchased at $12.20 per share, the stock traded at $12.92 at the time of purchase, indicating Washlow's confidence despite a 16% year-to-date decline. The move brings her ownership to 62,071 shares, including 100 indirectly owned through her spouse.

InvestingPro analysis suggests the stock is undervalued, with price targets between $30 and $42, outpacing today's price. Ms. Washlow also holds stock options, with one allowing her to buy 25,000 shares at $19.75, exercisable if the stock hits $30.00, $40.00, or $50.00 over five consecutive days within three years, provided she remains employed.

Another option for 50,000 shares at $6.00 grants half of the shares to vest within three years if the stock reaches $30.00, $40.00, or $50.00 over five consecutive days, also contingent on her employment. Despite a disappointing Q2, resulting in a loss of $0.20 per share and revenue of $21.69 million, Orion Energy Systems remains optimistic about the second half of the year, citing increased sales and new customer wins.