Origin Bancorp director granted 1,162 shares
Jones Michael Aubrey reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jones Michael Aubrey reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director Michael Aubrey Jones received a grant of 1,162 shares of common stock as compensation for board service at a reference price of $47.35 per share. After this award, he directly holds 212,174 shares.
The granted shares are restricted stock and will vest on the date of the next annual meeting of stockholders following the April 28, 2026 grant. If that meeting occurs less than 50 weeks after the grant date, the shares instead vest on April 28, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Footnotes (1)
- F1. Represents shares of restricted stock granted to reporting person by the issuer as compensation for service as a director. The shares will vest on the date of the next annual meeting of stockholders following the grant date, unless the next annual meeting of stockholders occurs less than 50 weeks after the grant date in which case the shares will vest on April 28, 2027.
Key Figures
Key Terms
restricted stock financial
annual meeting of stockholders regulatory
compensation for service as a director financial
FAQ
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What did Origin Bancorp (OBK) disclose in this Form 4 filing?
What is the vesting schedule for the Origin Bancorp (OBK) restricted stock grant?
What is Michael Aubrey Jones’s total Origin Bancorp (OBK) holding after this grant?
Was this Origin Bancorp (OBK) Form 4 a market purchase or sale?
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