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Origin Bancorp (OBK) legal chief nets RSU shares, 391 withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Origin Bancorp, Inc. Chief Legal Counsel Derek McGee reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 20, 2026, restricted stock units converted into 1,199 shares of common stock on a one-for-one basis, increasing his direct common share holdings to 20,301 shares before tax effects.

To satisfy income tax withholding obligations from the net settlement of these units, 391 common shares were withheld by the issuer at $47.38 per share, reducing his directly held common stock to 19,910 shares. The filing clarifies this withholding does not represent an open-market sale. McGee also reports indirect ownership of 1,467 common shares through an IRA and 707 common shares through the issuer retirement plan, along with 1,198 restricted stock units remaining outstanding.

Positive

  • None.

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  • None.
Insider McGee Derek
Role Chief Legal Counsel
Type Security Shares Price Value
Exercise Restricted Stock Units 1,199 $0.00 --
Exercise Common Stock 1,199 $0.00 --
Tax Withholding Common Stock 391 $47.38 $19K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,198 shares (Direct, null); Common Stock — 20,301 shares (Direct, null); Common Stock — 707 shares (Indirect, BY ISSUER RETIREMENT PLAN)
Footnotes (1)
  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 May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
RSUs converted 1,199 shares Restricted stock units converting one-for-one into common stock on May 20, 2026
Tax withholding shares 391 shares Common stock withheld to satisfy income tax obligations
Tax withholding price $47.38 per share Value used for shares withheld for taxes
Direct common shares after transactions 19,910 shares Directly held Origin Bancorp common stock following tax withholding
Indirect IRA holdings 1,467 shares Common stock held indirectly through an IRA
Issuer retirement plan holdings 707 shares Common stock held indirectly via issuer retirement plan
RSUs remaining outstanding 1,198 units Restricted stock units still held after conversion of 1,199 units
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of the restricted stock units"
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance obligations"
issuer retirement plan financial
"BY ISSUER RETIREMENT PLAN"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGee Derek

(Last)(First)(Middle)
500 SOUTH SERVICE ROAD EAST

(Street)
RUSTON LOUISIANA 71270

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Origin Bancorp, Inc. [ OBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026M1,199A(1)20,301D
Common Stock05/20/2026F(2)391D$47.3819,910D
Common Stock707IBY ISSUER RETIREMENT PLAN
Common Stock1,467IBy IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/20/2026M1,199 (3) (3)Common Stock1,199$01,198(3)D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.
3. Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many Origin Bancorp shares did Derek McGee receive from restricted stock units?

Restricted stock units converted into 1,199 shares of common stock for Derek McGee on May 20, 2026. These units convert on a one-for-one basis, increasing his direct ownership before tax withholding was applied to cover income tax obligations.

Were any Origin Bancorp shares sold on the market in this OBK Form 4?

No open-market sale occurred. 391 common shares were withheld by Origin Bancorp solely to satisfy income tax withholding and remittance obligations, according to the disclosure. The filing explicitly states this withholding does not represent a sale transaction.

What are Derek McGee’s direct and indirect Origin Bancorp share holdings after these transactions?

After the transactions, Derek McGee directly holds 19,910 shares of Origin Bancorp common stock. Indirectly, he reports 1,467 shares held through an IRA and 707 shares held through the issuer’s retirement plan, plus remaining restricted stock units.

How many restricted stock units remain for Derek McGee at Origin Bancorp?

Following the conversion of some units into common shares, Derek McGee has 1,198 restricted stock units remaining outstanding. These units were originally granted on May 20, 2024, and vest ratably over three years beginning May 20, 2025.