Origin Bancorp director awarded 1,162 shares
Origin Bancorp director Richard J. Gallot Jr. reported an equity compensation grant.
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Rhea-AI Filing Summary
Origin Bancorp director Richard J. Gallot Jr. reported an equity compensation grant. On April 28, 2026, he acquired 1,162 shares of Origin Bancorp common stock as a restricted stock award, valued at $47.35 per share, for service as a director.
The restricted shares will vest on the date of the next annual meeting of stockholders following the grant. If that meeting occurs less than 50 weeks after April 28, 2026, the shares instead vest on April 28, 2027. After this award, he holds 10,761 common shares directly.
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 financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Origin Bancorp (OBK) disclose for Richard J. Gallot Jr.?
At what price was the Origin Bancorp (OBK) restricted stock grant reported?
Was the Origin Bancorp (OBK) Form 4 transaction a market purchase or a compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.