Origin Bancorp exec reports RSU vesting, tax shares
Origin Bancorp, Inc. executive Hall Martin Lance reported equity award activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Origin Bancorp, Inc. executive Hall Martin Lance reported equity award activity involving restricted stock units and common shares. On February 17, 2026, 1,262 restricted stock units converted into 1,262 shares of common stock on a one-for-one basis, reflecting the vesting of prior equity grants.
To cover income tax withholding tied to this vesting, 576 common shares at $43.98 per share were withheld by the company, which the filing clarifies does not represent an open-market sale. Following these transactions, Lance directly held 30,697 common shares, with an additional 35,403 shares held indirectly through the issuer’s retirement plan.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,262 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,262 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 576 | $43.98 | $25K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. 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.
- F3. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
FAQ
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What insider transactions did OBK executive Hall Martin Lance report?
Did the OBK Form 4 show Hall Martin Lance selling Origin Bancorp stock?
What was the nature of the RSU transaction disclosed for OBK on February 17, 2026?
AI-generated analysis. How Rhea-AI works. Not financial advice.