OBK insider purchase: 7,500 shares at weighted avg near $34.26
Rhea-AI Filing Summary
Origin Bancorp (OBK) reported insider buying by its Chief Credit & Banking Officer on 10/27/2025. The officer purchased 7,500 shares of common stock in open-market transactions at weighted average prices of $34.25 and $34.27. The trades were executed across ranges of $34.24–$34.26 and $34.14–$34.30.
Following these purchases, beneficial ownership stood at 54,882 shares direct, 2,500 shares via IRA, and 14,589 shares via the issuer retirement plan.
Positive
- None.
Negative
- None.
Insights
Officer purchased 7,500 OBK shares at ~$34.26.
An executive insider bought shares on 10/27/2025 via two open-market purchases totaling 7,500 shares at weighted average prices of $34.25 and $34.27. The filing notes execution across narrow price ranges, consistent with standard market activity.
Post-transaction holdings are diversified by registration: 54,882 shares direct, 2,500 via an IRA, and 14,589 in an issuer retirement plan. Insider buying can be viewed as aligned interest, but the filing does not state strategic rationale or future intentions.
Any market impact depends on broader trading and future disclosures; the filing provides no timing beyond 10/27/2025 and no cash-flow implications for the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $34.25 | $34K |
| Purchase | Common Stock | 6,500 | $34.27 | $223K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $34.24 to $34.26. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $34.14 to $34.30. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 920 shares of Common Stock purchased pursuant to the Origin Bancorp, Inc. 2021 Employee Stock Purchase Plan ("ESPP"), for the purchase period of June 01, 2024 to May 31, 2025.