[Form 4] Origin Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Origin Bancorp, Inc. Chairman, President and CEO Drake Mills reported equity compensation activity involving restricted stock units and common shares. On February 17, 2026, 1,757 restricted stock units were exercised into 1,757 common shares at no cost, pursuant to a previously granted award that vests over three years. Of the new shares, 785 common shares were withheld by the company at $43.98 per share to cover income tax obligations tied to the RSU settlement, which the filing specifies does not represent a sale. Following these transactions, Mills directly held 165,229 common shares, with additional indirect holdings of 57,973 shares through an issuer retirement plan and 3,866 shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,757 shares exercised/converted
Mixed
5 txns
Insider
Mills Drake
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,757 | $0.00 | -- |
| Exercise | Common Stock | 1,757 | $0.00 | -- |
| Tax Withholding | Common Stock | 785 | $43.98 | $35K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 166,014 shares (Direct);
Common Stock — 57,973 shares (Indirect, BY ISSUER RETIREMENT PLAN)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Represents the number of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the restricted stock units and does not represent a sale. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.