Core Points - Orion Energy Systems, Inc. announced the authorization of equity awards for Michael Ontrop, the new Senior Vice President of Channel Sales, including 100,000 shares of restricted stock and a non-qualified stock option for 125,000 shares of Common Stock [1][2] - The equity awards were approved by Orion's Board of Directors as a material inducement for Mr. Ontrop to accept the employment offer, and the shares will not be drawn from the 2016 Omnibus Incentive Plan [2] - The restricted stock award will vest one-third on each of the first three anniversaries of the grant date, contingent on Mr. Ontrop's continued employment [3] - The stock option will vest based on the Company's share price reaching specified levels ($3.00, $4.00, and $5.00) over a three-year period, with the effective grant date set for July 18, 2025 [4] Company Overview - Orion Energy Systems specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services [5] - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners, aiming to help customers achieve business and environmental goals [5] - Orion is committed to operating responsibly and emphasizes sustainability and governance in its operations [6]

Core Insights - Orion Energy Systems, Inc. will host a conference call and webcast to discuss its fourth quarter and fiscal 2025 results on June 26, 2025, at 10:00 a.m. ET, with results being released prior to market opening on the same day [1]. Group 1: Company Overview - Orion Energy Systems specializes in energy-efficient LED lighting, electrical vehicle charging solutions, and maintenance services [3]. - The company focuses on providing turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3]. - Orion aims to help customers achieve their business, financial, and environmental goals with high-quality, innovative, and safe solutions, emphasizing customer service and reliability [3]. Group 2: Engagement and Communication - Orion encourages engagement through its social media platforms, including Twitter and StockTwits [4]. - Investor relations contacts are provided for further inquiries, including the CFO and representatives from Catalyst IR [4].