ONL SCHEDULE 13D/A: Activist campaign

Kawa Capital Management

Filed with the SEC on · accession 0000921895-26-003103

ONL filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Nov 13, 2026. A report the company filed with the SEC (the US market regulator). The stock moved +0.8% by the first close after the filing.

Summary of the filing

Kawa Capital Management filed Amendment No. 4 to its Schedule 13D, reporting beneficial ownership of approximately 9.6% of Orion Properties Inc.'s common stock (5,483,063 shares) as of November 12, 2026.

Key details

Aggregate purchase price of 3,132,932 shares held by Kawa Funds$8.1M
Aggregate purchase price of 2,350,131 shares held by SMAs$4.7M
Total shares beneficially owned$5.5M
Reporting person / investment manager / beneficial ownerKawa Capital Management, Inc.
IssuerOrion Properties Inc.
Chief executive officer, chief investment officer and director of kawa capital management, inc.Daniel Ades

How ONL stock reacted

Close before

$2.59

Nov 12, 2026

First close after

+0.77%

$2.61

5 trading days

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Since filing

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Frequently asked questions

What did ONL file with the SEC on Nov 13, 2026?

ONL filed a SCHEDULE 13D/A (Activist campaign). Kawa Capital Management filed Amendment No. 4 to its Schedule 13D, reporting beneficial ownership of approximately 9.6% of Orion Properties Inc.'s common stock (5,483,063 shares) as of November 12, 2026.

What does a activist campaign mean for ONL stock?

A settlement removes uncertainty; the stock often reacts to whether the amount is bigger or smaller than investors expected.

How do I read a SCHEDULE 13D/A?

A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).

How did ONL stock react to this filing?

ONL closed at $2.59 before the filing and $2.61 on Nov 13, 2026 (+0.77%).

Other ONL SEC filings

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