X0101 4 2003-06-26 0 0000038570 ORLEANS HOMEBUILDERS INC OHB 0001248623 PARKER J RUSSELL 0 1 0 0 Pres. (of Certain Subs.) Common Stock 2003-06-26 4 S 0 300 11.10 D 212408 D 61,502 of the shares are issuable to the reporting person in two equal installments on October 12, 2003 and 2004, subject to certain conditions. Micheal E. Plunkett, by power of attorney 2003-06-27