Origin Bancorp COO exercises 1,514 RSUs
Origin Bancorp, Inc. executive Martin Lance Hall, the company’s COO and President & CEO of Origin Bank, reported routine equity compensation activity involving restricted stock units.
Rhea-AI Filing Summary
Origin Bancorp, Inc. executive Martin Lance Hall, the company’s COO and President & CEO of Origin Bank, reported routine equity compensation activity involving restricted stock units. On May 20, 2026, he exercised 1,514 restricted stock units, which convert into common stock on a one-for-one basis.
In connection with this net settlement, 619 common shares were withheld by the issuer at $47.38 per share to satisfy income tax withholding and remittance obligations; the filing specifies this does not represent a sale. Following these transactions, he held 32,294 common shares directly and 35,519 common shares indirectly through an issuer retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,514 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,514 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 619 | $47.38 | $29K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
Key Figures
Key Terms
Restricted Stock Units financial
net settlement financial
income tax withholding financial
issuer retirement plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Origin Bancorp (OBK) report for its COO?
How many Origin Bancorp (OBK) restricted stock units did the COO exercise?
What is the vesting schedule for the reported Origin Bancorp (OBK) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.