Director Stacey Goff granted 1,162 Origin Bancorp (OBK) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GOFF STACEY W reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director Stacey W. Goff received a grant of 1,162 shares of common stock as compensation for board service, valued at $47.35 per share. Following this award, Goff directly holds 9,914 common shares.
The granted shares are restricted stock that will vest on the date of the next annual meeting of stockholders following the April 28, 2026 grant date. If that meeting occurs less than 50 weeks after the grant date, the shares instead vest on April 28, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GOFF STACEY W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Holdings After Transaction:
Common Stock — 9,914 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 1,162 shares
Grant price: $47.35 per share
Post-transaction holdings: 9,914 shares
+1 more
4 metrics
Restricted stock grant
1,162 shares
Common stock granted to director on April 28, 2026
Grant price
$47.35 per share
Value assigned to the 1,162-share restricted stock award
Post-transaction holdings
9,914 shares
Total common shares directly held by Stacey W. Goff after the grant
Alternate vesting date
April 28, 2027
Vesting date if next annual meeting is less than 50 weeks after grant
Key Terms
restricted stock, annual meeting of stockholders, vest, director
4 terms
restricted stock financial
"Represents shares of restricted stock granted to reporting person by the issuer"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual meeting of stockholders financial
"The shares will vest on the date of the next annual meeting of stockholders"
vest financial
"The shares will vest on the date of the next annual meeting of stockholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
director financial
"as compensation for service as a director"
FAQ
What insider transaction did Origin Bancorp (OBK) report for Stacey W. Goff?
Origin Bancorp reported that director Stacey W. Goff received 1,162 shares of restricted common stock as compensation. The grant was recorded at $47.35 per share, increasing Goff’s direct holdings to 9,914 shares after the transaction.
Is the Stacey W. Goff Form 4 transaction a stock purchase or a grant for OBK?
The Form 4 shows a stock grant, not an open-market purchase. Stacey W. Goff acquired 1,162 restricted shares of Origin Bancorp common stock as director compensation, classified under transaction code A for grant, award, or other acquisition.
What does transaction code A mean in Stacey W. Goff’s Origin Bancorp Form 4?
Transaction code A on Stacey W. Goff’s Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a 1,162-share restricted stock grant of Origin Bancorp common stock as compensation for serving on the board.