Origin Bancorp director granted 1,162 OBK shares
Luffey Gary E. reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock financial
Grant, award, or other acquisition regulatory
annual meeting of stockholders regulatory
vest financial
FAQ
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What insider transaction did Origin Bancorp (OBK) report for Gary E. Luffey?
At what value was Gary E. Luffey’s restricted stock grant in Origin Bancorp (OBK) recorded?
Is Gary E. Luffey’s Origin Bancorp (OBK) stock grant an open-market purchase?
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