Director at Origin Bancorp (OBK) receives 1,162-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Jones Michael Aubrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Holdings After Transaction:
Common Stock — 212,174 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 1,162 shares
Reference price per share: $47.35 per share
Total shares after transaction: 212,174 shares
+1 more
4 metrics
Restricted stock grant
1,162 shares
Common stock awarded to director on April 28, 2026
Reference price per share
$47.35 per share
Price associated with April 28, 2026 restricted stock grant
Total shares after transaction
212,174 shares
Director Michael Aubrey Jones direct holdings following grant
Vesting date fallback
April 28, 2027
If next annual meeting occurs less than 50 weeks after grant
Key Terms
restricted stock, annual meeting of stockholders, compensation for service as a director
3 terms
restricted stock financial
"Represents shares of restricted stock granted to reporting person"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual meeting of stockholders regulatory
"will vest on the date of the next annual meeting of stockholders"
compensation for service as a director financial
"granted to reporting person by the issuer as compensation for service as a director"
FAQ
What did Origin Bancorp (OBK) disclose in this Form 4 filing?
Origin Bancorp disclosed a stock grant to director Michael Aubrey Jones. He received 1,162 shares of common stock as restricted stock compensation for board service, with vesting tied to the next annual stockholder meeting or April 28, 2027.
What is the vesting schedule for the Origin Bancorp (OBK) restricted stock grant?
The restricted shares vest at the next annual meeting of stockholders following the April 28, 2026 grant. If that meeting is held less than 50 weeks after the grant date, the shares will instead vest on April 28, 2027, according to the filing footnote.
What is Michael Aubrey Jones’s total Origin Bancorp (OBK) holding after this grant?
After the grant, Michael Aubrey Jones holds 212,174 shares of Origin Bancorp common stock directly. This total includes the newly granted 1,162 restricted shares, showing his overall reported equity position as a company director in this filing.
Was this Origin Bancorp (OBK) Form 4 a market purchase or sale?
This Form 4 reflects a grant, not a market trade. The 1,162 shares were awarded as restricted stock compensation, coded as an “A” transaction (grant, award, or other acquisition), rather than shares bought or sold on the open market.