STOCK TITAN

Origin Bancorp (OBK) CAO nets shares from 839 RSUs after tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Origin Bancorp, Inc. Chief Accounting Officer Stephen H. Brolly reported routine equity compensation activity involving restricted stock units that converted into common stock on a one-for-one basis. On May 20, 2026, 839 restricted stock units were exercised into 839 common shares.

To cover income tax withholding and remittance obligations tied to this net settlement, 231 common shares were withheld by the issuer at $47.38 per share, and this is expressly described as not representing a sale. The transaction left Brolly with 23,958 common shares held directly and 7,450 common shares held indirectly through an issuer retirement plan.

Positive

  • None.

Negative

  • None.
Insider Brolly Stephen H
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 839 $0.00 --
Exercise Common Stock 839 $0.00 --
Tax Withholding Common Stock 231 $47.38 $11K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 839 shares (Direct, null); Common Stock — 23,958 shares (Direct, null); Common Stock — 7,450 shares (Indirect, BY ISSUER RETIREMENT PLAN)
Footnotes (1)
  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 May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
RSUs exercised 839 units Restricted stock units converted one-for-one into common stock
Shares withheld for taxes 231 shares at $47.38 Common stock withheld to satisfy income tax obligations
Net shares from RSU settlement 608 shares 839 RSUs converted minus 231 shares withheld for taxes
Direct common shares after transactions 23,958 shares Total Origin Bancorp common stock held directly by Brolly
Indirect common shares in retirement plan 7,450 shares Common stock held indirectly through issuer retirement plan
Tax withholding transaction size 231 shares Disposed via F-code tax-withholding disposition, not an open-market sale
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"in connection with the net settlement of the restricted stock units"
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance obligations"
issuer retirement plan financial
"BY ISSUER RETIREMENT PLAN"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brolly Stephen H

(Last)(First)(Middle)
500 SOUTH SERVICE ROAD EAST

(Street)
RUSTON LOUISIANA 71270

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Origin Bancorp, Inc. [ OBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026M839A(1)23,958D
Common Stock05/20/2026F(2)231D$47.3823,727D
Common Stock7,450IBY ISSUER RETIREMENT PLAN
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/20/2026M839 (3) (3)Common Stock839$0839(3)D
Explanation of Responses:
1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.
3. Granted on May 20, 2024, vesting ratably over three years with the first vest date of May 20, 2025.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact05/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Origin Bancorp (OBK) report for Stephen H. Brolly?

Origin Bancorp reported that Chief Accounting Officer Stephen H. Brolly exercised 839 restricted stock units into common stock and had 231 common shares withheld to satisfy income tax obligations tied to this net settlement, while increasing his direct common stock holdings overall.

How many Origin Bancorp (OBK) shares did Stephen H. Brolly acquire through RSU conversion?

Stephen H. Brolly exercised 839 restricted stock units, which converted into 839 shares of Origin Bancorp common stock on a one-for-one basis. These shares arose from a prior RSU grant and reflect compensation-related equity rather than an open-market purchase of stock.

Why were 231 Origin Bancorp (OBK) shares withheld in this Form 4 filing?

The 231 Origin Bancorp common shares were withheld by the issuer to satisfy its income tax withholding and remittance obligations arising from the RSU net settlement. The filing specifically notes this withholding does not represent a sale of shares by Stephen H. Brolly.

What are Stephen H. Brolly’s Origin Bancorp (OBK) holdings after the reported transactions?

Following the reported RSU conversion and tax withholding, Stephen H. Brolly directly holds 23,958 shares of Origin Bancorp common stock. Separately, he indirectly holds 7,450 common shares through an issuer retirement plan, according to the ownership details in the filing.

How do the restricted stock units in Origin Bancorp’s Form 4 convert into common stock?

The filing states that restricted stock units convert into Origin Bancorp common stock on a one-for-one basis. In this case, 839 RSUs converted into 839 common shares, reflecting a direct, equal exchange between each vested RSU and one share of common stock.

When were the Origin Bancorp (OBK) restricted stock units originally granted and how do they vest?

The restricted stock units were granted on May 20, 2024, and vest ratably over three years, with the first vest date of May 20, 2025. This schedule means portions of the award become deliverable annually across that three-year period as stated in the footnote.