Origin Bancorp director gains 407 shares via RSUs
Origin Bancorp, Inc. (OBK) reported insider equity activity by director Meryl Kennedy Farr connected to her spouse’s holdings.
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Rhea-AI Filing Summary
Origin Bancorp, Inc. (OBK) reported insider equity activity by director Meryl Kennedy Farr connected to her spouse’s holdings. On August 20, 2026, 407 Restricted Stock Units held indirectly through her spouse were converted on a one-for-one basis into 407 shares of Common Stock. These shares are associated with the spouse’s employment at Forth Insurance, a subsidiary of Origin Bancorp, and were acquired through restricted stock unit awards and an employee stock purchase plan. After these transactions, indirect Common Stock holdings through the spouse total 3,205 shares, and direct Common Stock holdings by Farr total 7,663 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F2 | 407 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 407 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. The reported shares are held by the reporting person's spouse and were acquired pursuant to restricted stock unit awards and purchases under employee stock purchase plan in connection with the spouse's employment with Forth Insurance, a subsidiary of the issuer.
- F3. Granted on August 20, 2025, vesting ratably over three years with the first vest date of August 20, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
indirect financial
employee stock purchase plan financial
vesting financial
ratably financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did OBK director Meryl Kennedy Farr report on this Form 4?
What are the vesting terms mentioned for the Origin Bancorp (OBK) RSU grant?
Were the OBK insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.