Origin Bancorp director receives stock grant
Edney Andrea La'Verne reported acquisition or exercise transactions in this Form 4 filing.
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
| 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
Form 4 regulatory
annual meeting of stockholders financial
FAQ
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What insider transaction did Origin Bancorp (OBK) report for Andrea La'Verne Edney?
Was the Origin Bancorp (OBK) director’s Form 4 transaction a market purchase or sale?
What price is associated with the restricted stock granted by Origin Bancorp (OBK)?
AI-generated analysis. How Rhea-AI works. Not financial advice.