Origin Bancorp CFO exercises 2,226 stock units
Origin Bancorp, Inc. (OBK) reported that its Chief Financial Officer, Wallace Willliam J IV, exercised 2,226 Restricted Stock Units into an equal number of shares of common stock on August 19, 2026.
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Rhea-AI Filing Summary
Origin Bancorp, Inc. (OBK) reported that its Chief Financial Officer, Wallace Willliam J IV, exercised 2,226 Restricted Stock Units into an equal number of shares of common stock on August 19, 2026. In connection with this net settlement, 593 common shares were withheld by the issuer to satisfy income tax withholding obligations, which the company states does not represent a sale. The reporting person also has indirect ownership of 3,761 common shares held through an issuer retirement plan, and his direct holdings include 851 shares acquired under the company’s 2021 Employee Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4 | 2,226 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 2,226 | -- | -- |
| Tax Withholding | Common Stock F3 | 593 | $52.51 | $31K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Includes 851 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2025 to May 31, 2026.
- F3. 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.
- F4. Granted on August 19, 2022, vesting ratably over five years with the first vest date of August 19, 2023.
Key Figures
Key Terms
Restricted Stock Units financial
net settlement financial
Employee Stock Purchase Plan financial
income tax withholding financial
FAQ
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What insider transaction did OBK’s CFO report on this Form 4?
Do the reported OBK insider transactions involve a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.