Origin Bancorp director granted 1,162 restricted shares
Farr Meryl Kennedy reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Farr Meryl Kennedy reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director Meryl Kennedy Farr received a grant of 1,162 shares of common stock as equity compensation. The shares were valued at $47.35 per share for reporting purposes, bringing her direct holdings to 7,629 shares after the grant.
The footnote explains these shares are restricted stock granted for service as a director. They will vest on the date of the next annual meeting of stockholders following the April 28, 2026 grant date, or on April 28, 2027 if that meeting occurs less than 50 weeks after the grant date.
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
annual meeting of stockholders regulatory
grant, award, or other acquisition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Origin Bancorp (OBK) report for Meryl Kennedy Farr?
Was Meryl Kennedy Farr’s Origin Bancorp (OBK) transaction an open-market purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.