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Director Gary Luffey receives 1,162-share stock grant at Origin Bancorp (OBK)

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

Rhea-AI Filing Summary

Luffey Gary E. reported acquisition or exercise transactions in this Form 4 filing.

Origin Bancorp director Gary E. Luffey received a grant of 1,162 shares of Common Stock as compensation for his service as a director. The restricted stock was valued at $47.35 per share on the grant date and increases his direct holdings to 161,780 shares.

According to the footnote, these restricted shares will vest on the date of the next annual meeting of stockholders following the grant date, unless that meeting occurs less than 50 weeks after the grant date, in which case the shares will vest on April 28, 2027.

Positive

  • None.

Negative

  • None.
Insider Luffey Gary E.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,162 $47.35 $55K
Holdings After Transaction: Common Stock — 161,780 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock grant 1,162 shares Common Stock granted as director compensation on April 28, 2026
Grant price per share $47.35 per share Implied value for the 1,162-share restricted stock grant
Post-transaction holdings 161,780 shares Total Common Stock directly owned by Gary E. Luffey after the grant
Vesting backstop date April 28, 2027 Vesting date if the next annual meeting occurs less than 50 weeks after grant
restricted stock financial
"Represents shares of restricted stock granted to reporting person by the issuer as compensation"
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.
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
annual meeting of stockholders regulatory
"will vest on the date of the next annual meeting of stockholders following the grant date"
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.
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*
Luffey Gary E.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
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 Stock04/28/2026A(1)1,162A$47.35161,780D
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
Explanation of Responses:
1. Represents shares of restricted stock granted to reporting person by the issuer as compensation for service as a director. The shares will vest on the date of the next annual meeting of stockholders following the grant date, unless the next annual meeting of stockholders occurs less than 50 weeks after the grant date in which case the shares will vest on April 28, 2027.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact04/30/2026
** 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

What insider transaction did Origin Bancorp (OBK) report for Gary E. Luffey?

Origin Bancorp reported that director Gary E. Luffey received a grant of 1,162 shares of restricted Common Stock as compensation. The grant is classified as a non-derivative “grant, award, or other acquisition” rather than an open-market purchase or sale, reflecting routine director compensation.

At what value was Gary E. Luffey’s restricted stock grant in Origin Bancorp (OBK) recorded?

The 1,162 restricted shares granted to Gary E. Luffey were recorded at $47.35 per share. This per-share value comes from the transaction price disclosed, providing an implied grant-date value for the award without involving any open-market buying or selling activity by the director.

When will Gary E. Luffey’s restricted Origin Bancorp (OBK) shares vest?

The restricted shares will vest on the date of the next annual meeting of stockholders following the April 28, 2026 grant. If that annual meeting occurs less than 50 weeks after the grant date, the vesting date shifts to April 28, 2027, as specified in the footnote.

How many Origin Bancorp (OBK) shares does Gary E. Luffey hold after this Form 4 transaction?

Following the grant, Gary E. Luffey directly holds 161,780 shares of Origin Bancorp Common Stock. This total includes the 1,162 restricted shares reported in the Form 4 and is disclosed as his aggregate direct ownership after completing the compensation-related transaction.

Is Gary E. Luffey’s Origin Bancorp (OBK) stock grant an open-market purchase?

No. The filing classifies the transaction under code “A” as a grant, award, or other acquisition of restricted stock. The footnote explains it was granted by Origin Bancorp as compensation for serving as a director, not bought by Luffey in the open market.