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Origin Bancorp (OBK) legal chief reports RSU vesting, new grant and tax withholding

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

Rhea-AI Filing Summary

Origin Bancorp, Inc. Chief Legal Counsel Derek McGee reported equity compensation activity involving restricted stock units and common stock. On February 20, 2026, 1,003 restricted stock units were exercised or converted into 1,003 shares of common stock at a stated price of $0.00 per share, reflecting previously granted awards that convert to common stock on a one-for-one basis. The same day, McGee received a new grant of 2,843 restricted stock units, which vest ratably over three years starting February 20, 2027.

Also on February 20, 2026, 336 shares of common stock were withheld by the issuer at $43.97 per share to satisfy income tax withholding obligations in connection with the net settlement of restricted stock units, and are explicitly described as not representing a sale. After these transactions, McGee directly held 19,102 shares of common stock and 2,843 restricted stock units. He also indirectly held 1,467 common shares through an IRA and 661 common shares through an issuer retirement plan.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
McGee Derek

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

(Street)
RUSTON LA 71270

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Origin Bancorp, Inc. [ OBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 M 1,003 A (1) 19,438 D
Common Stock 02/20/2026 F(2) 336 D $43.97 19,102 D
Common Stock 1,467 I By IRA
Common Stock 661 I BY 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/20/2026 M 1,003 (3) (3) Common Stock 1,003 $0 2,004(3) D
Restricted Stock Units (4) 02/20/2026 A 2,843 (5) (5) Common Stock 2,843 $0 2,843(5) 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 February 20, 2025, vesting ratably over three years with the first vest date of February 20, 2026.
4. Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
5. Granted on February 20, 2026, vesting ratably over three years with the first vest date of February 20, 2027.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact 02/24/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did OBK Chief Legal Counsel Derek McGee report?

Derek McGee reported an exercise of 1,003 restricted stock units into common stock, a new grant of 2,843 restricted stock units, and 336 common shares withheld by Origin Bancorp to cover tax obligations related to the equity award settlement.

Were any Origin Bancorp (OBK) shares sold for cash in this Form 4?

No open-market sale was reported. The 336 common shares at $43.97 were withheld by Origin Bancorp solely to satisfy income tax withholding obligations tied to restricted stock unit settlement and are explicitly described as not representing a sale.

How many Origin Bancorp shares does Derek McGee hold after these transactions?

After the reported transactions, Derek McGee directly held 19,102 common shares and 2,843 restricted stock units. He also indirectly held 1,467 common shares through an IRA and 661 common shares through an issuer retirement plan.

What new equity award did OBK grant to Derek McGee on February 20, 2026?

On February 20, 2026, Derek McGee received a grant of 2,843 restricted stock units. These units vest ratably over three years, with the first vesting date on February 20, 2027, subject to the terms of the applicable incentive agreement.

How do Derek McGee’s restricted stock units in OBK convert into common stock?

Each restricted stock unit represents a contingent right to receive, at settlement, either one share of Origin Bancorp common stock or cash equal to its fair value, as determined under the incentive agreement, with certain awards converting on a one-for-one share basis.
Origin Bancorp

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