[Form 4] Origin Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Origin Bancorp, Inc. Chairman, President and CEO Drake Mills, who also serves as a director, reported the vesting of 25,947 restricted stock units into common stock on December 13, 2025. These units converted into shares on a one-for-one basis at an exercise price of $0.
To satisfy income tax withholding on this vesting, 10,324 common shares were withheld by the issuer at $39.06 per share and do not represent a sale. Following these transactions, Mills beneficially owns 164,257 shares directly, 3,866 shares through an IRA, 57,837 shares through an issuer retirement plan, and 103,789 restricted stock units that remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,947 shares exercised/converted
Mixed
5 txns
Insider
Mills Drake
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,947 | $0.00 | -- |
| Exercise | Common Stock | 25,947 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,324 | $39.06 | $403K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 103,789 shares (Direct);
Common Stock — 174,581 shares (Direct);
Common Stock — 3,866 shares (Indirect, By IRA)
Footnotes (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 December 13, 2022, vest twenty percent on each of the third, fourth, fifth, sixth and seventh anniversaries of the grant date, starting with the first vest date of December 13, 2025.