Origin Bancorp (OBK) director awarded 1,162 restricted shares as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edney Andrea La'Verne reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director Andrea La'Verne Edney reported receiving a grant of 1,162 shares of common stock as restricted stock compensation, valued at $47.35 per share. Following this award, she directly holds 7,629 common shares.
The footnote explains that these restricted shares were granted for service as a director and will vest on the date of the next annual meeting of stockholders after the April 28, 2026 grant date, or on April 28, 2027 if that meeting occurs less than 50 weeks after the grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Edney Andrea La'Verne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,162 | $47.35 | $55K |
Holdings After Transaction:
Common Stock — 7,629 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 1,162 shares
Grant price per share: $47.35 per share
Shares held after grant: 7,629 shares
+1 more
4 metrics
Restricted stock granted
1,162 shares
Common Stock grant on April 28, 2026
Grant price per share
$47.35 per share
Value associated with restricted stock grant
Shares held after grant
7,629 shares
Total direct common shares following transaction
Latest vesting date
April 28, 2027
Outside vesting date if next annual meeting is within 50 weeks
Key Terms
restricted stock, Form 4, annual meeting of stockholders
3 terms
restricted stock financial
"Represents shares of restricted stock granted to reporting person by the issuer as compensation"
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): {"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
annual meeting of stockholders financial
"The shares will vest on the date of the next annual meeting of stockholders following the grant date"
FAQ
What insider transaction did Origin Bancorp (OBK) report for Andrea La'Verne Edney?
Origin Bancorp reported that director Andrea La'Verne Edney received 1,162 shares of restricted common stock as compensation. The shares were granted at $47.35 per share and increase her direct holdings to 7,629 common shares, according to the Form 4 filing and footnote disclosure.
Was the Origin Bancorp (OBK) director’s Form 4 transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a grant of 1,162 restricted common shares to director Andrea La'Verne Edney as compensation for board service, categorized as an acquisition via grant or award rather than an open-market trade.
What price is associated with the restricted stock granted by Origin Bancorp (OBK)?
The restricted stock grant to director Andrea La'Verne Edney is associated with a value of $47.35 per share. This figure appears as the transaction price per share in the Form 4, providing a reference valuation for the 1,162 restricted common shares awarded as compensation.