STOCK TITAN

Origin Bancorp (NASDAQ: OBK) COO settles RSUs with tax share withholding

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

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 Hall Martin Lance
Role OBK COO, Origin Bank Pres&CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 1,514 $0.00 --
Exercise Common Stock 1,514 $0.00 --
Tax Withholding Common Stock 619 $47.38 $29K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,514 shares (Direct, null); Common Stock — 32,913 shares (Direct, null); Common Stock — 35,519 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 exercised 1,514 units Restricted stock units converting one-for-one into common stock on May 20, 2026
Shares withheld for taxes 619 shares Common stock withheld to satisfy income tax obligations
Tax withholding price $47.38 per share Price applied to 619 shares withheld for tax remittance
Direct holdings after transaction 32,294 shares Common stock held directly by the COO after reported transactions
Indirect holdings via plan 35,519 shares Common stock held indirectly through issuer retirement plan
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
"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*
Hall Martin Lance

(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)
OBK COO, Origin Bank Pres&CEO
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 Stock05/20/2026M1,514A(1)32,913D
Common Stock05/20/2026F(2)619D$47.3832,294D
Common Stock35,519IBY ISSUER RETIREMENT PLAN
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)05/20/2026M1,514 (3) (3)Common Stock1,514$01,514(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

What insider transaction did Origin Bancorp (OBK) report for its COO?

Origin Bancorp reported routine equity compensation activity for its COO. Martin Lance Hall exercised 1,514 restricted stock units into common shares, with a portion of the stock withheld by the issuer to cover tax obligations related to the vesting and settlement.

How many Origin Bancorp (OBK) restricted stock units did the COO exercise?

The COO exercised 1,514 restricted stock units. These restricted stock units convert into common stock on a one-for-one basis, meaning 1,514 units became 1,514 shares of Origin Bancorp common stock as part of this compensation-related transaction.

Were any Origin Bancorp (OBK) shares sold by the COO in this filing?

No open-market sale was reported in this filing. The 619 shares shown as a disposition were withheld by the issuer to satisfy income tax withholding and remittance obligations, and the filing explicitly states this withholding does not represent a sale.

At what price were the Origin Bancorp (OBK) shares withheld for taxes?

The issuer withheld 619 Origin Bancorp shares at $47.38 per share. These shares were used solely to satisfy income tax withholding obligations associated with the restricted stock unit settlement rather than being sold in an open-market transaction.

How many Origin Bancorp (OBK) shares does the COO own after the transactions?

After the reported transactions, the COO held 32,294 common shares directly. He also held 35,519 additional common shares indirectly through an issuer retirement plan, reflecting both his direct and plan-related ownership positions in Origin Bancorp stock.

What is the vesting schedule for the reported Origin Bancorp (OBK) restricted stock units?

The restricted stock units were granted on May 20, 2024. According to the filing, this grant vests ratably over three years, with the first vesting date occurring on May 20, 2025, aligning with the reported settlement activity.