STOCK TITAN

Origin Bancorp (OBK) CRO logs RSU conversion and tax share withholding in Form 4

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

Rhea-AI Filing Summary

Origin Bancorp, Inc. Chief Risk Officer Jim Crotwell reported compensation-related stock activity involving restricted stock units and related tax withholding. On May 20, 2026, he acquired 858 shares of common stock at $0.00 per share through the conversion of restricted stock units on a one-for-one basis. In connection with this vesting, 219 shares of common stock were withheld by the company at $47.38 per share to satisfy income tax obligations, and this withholding did not represent an open-market sale. After these transactions, he directly held 12,644 shares of common stock, and indirectly held 24,475 shares through an IRA and 14,026 shares through an issuer retirement plan.

Positive

  • None.

Negative

  • None.
Insider Crotwell Jim
Role Chief Risk Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 858 $0.00 --
Exercise Common Stock 858 $0.00 --
Tax Withholding Common Stock 219 $47.38 $10K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 858 shares (Direct, null); Common Stock — 12,863 shares (Direct, null); Common Stock — 14,026 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.
RSU-converted shares 858 shares Common stock acquired via RSU conversion on May 20, 2026 at $0.00
Tax withholding shares 219 shares Common stock withheld for income tax at $47.38 per share
Tax withholding price $47.38/share Price used for 219-share tax withholding disposition
Direct holdings after transaction 12,644 shares Common stock directly held following reported transactions
Indirect IRA holdings 24,475 shares Common stock held indirectly through IRA after transactions
Indirect retirement plan holdings 14,026 shares Common stock held indirectly via issuer retirement plan
RSU grant date May 20, 2024 Restricted stock units vest ratably over three years
First vest date May 20, 2025 Initial vesting date for RSU grant
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 and does not represent a sale."
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance obligations"
IRA financial
"direct_or_indirect": "I", "nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
retirement plan financial
""nature_of_ownership": "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*
Crotwell Jim

(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 Risk Officer
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 Stock05/20/2026M858A(1)12,863D
Common Stock05/20/2026F(2)219D$47.3812,644D
Common Stock14,026IBY ISSUER RETIREMENT PLAN
Common Stock24,475IBy 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)05/20/2026M858 (3) (3)Common Stock858$0858(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 transactions did Origin Bancorp (OBK) report for Jim Crotwell?

Origin Bancorp reported Chief Risk Officer Jim Crotwell’s restricted stock unit vesting. He acquired 858 common shares via RSU conversion, and 219 shares were withheld by the company to cover income tax obligations, which the filing clarifies did not represent an open-market sale.

How many Origin Bancorp (OBK) shares did Jim Crotwell acquire and at what price?

Jim Crotwell acquired 858 shares of Origin Bancorp common stock at $0.00 per share through the exercise of restricted stock units. The RSUs convert into common stock on a one-for-one basis, reflecting a compensation-related equity vesting rather than an open-market purchase.

Why were 219 Origin Bancorp (OBK) shares disposed of in Jim Crotwell’s Form 4?

The filing shows 219 shares of Origin Bancorp common stock were withheld to satisfy income tax withholding and remittance obligations. The company notes this withholding relates to the net settlement of restricted stock units and explicitly states it does not represent a sale of shares.

What are Jim Crotwell’s direct and indirect holdings in Origin Bancorp (OBK) after the transactions?

After the reported transactions, Jim Crotwell directly held 12,644 shares of Origin Bancorp common stock. He also indirectly held 24,475 shares through an IRA and 14,026 shares through an issuer retirement plan, reflecting a combination of direct and retirement-related ownership.

How do the restricted stock units for Origin Bancorp (OBK) vest for Jim Crotwell?

The restricted stock units were granted on May 20, 2024 and vest ratably over three years, with the first vesting date on May 20, 2025. Each restricted stock unit converts into one share of Origin Bancorp common stock upon vesting, according to the filing’s footnotes.

Does Jim Crotwell’s Form 4 for Origin Bancorp (OBK) indicate open-market buying or selling?

The Form 4 does not report open-market buying or selling. It shows an RSU conversion acquiring 858 shares and 219 shares withheld for taxes. The filing clarifies the tax withholding is not a sale, indicating the activity is compensation-related rather than discretionary trading.