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Origin Bancorp (NASDAQ: OBK) CAO exercises RSUs, handles tax

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

Rhea-AI Filing Summary

Origin Bancorp, Inc. Chief Accounting Officer Stephen H. Brolly exercised restricted stock units and settled related taxes in shares. On February 17, 699 restricted stock units converted into 699 shares of common stock at no cash cost, consistent with a one-for-one RSU conversion.

To cover income tax withholding on this vesting, 297 shares of common stock were withheld by the company, which is recorded as a disposition but not a market sale. After these transactions, Brolly directly owned 22,726 shares of common stock and indirectly held 7,426 shares through the issuer’s retirement plan.

Positive

  • None.

Negative

  • None.
Insider Brolly Stephen H
Role Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 699 $0.00 --
Exercise Common Stock 699 $0.00 --
Tax Withholding Common Stock 297 $43.98 $13K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 23,023 shares (Direct); Common Stock — 7,426 shares (Indirect, BY ISSUER RETIREMENT PLAN)
Footnotes (1)
  1. Restricted stock units convert into common stock on a one-for-one basis. 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. Granted on February 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
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*
Brolly Stephen H

(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 Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
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 02/17/2026 M 699 A (1) 23,023 D
Common Stock 02/17/2026 F(2) 297 D $43.98 22,726 D
Common Stock 7,426 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) 02/17/2026 M 699 (3) (3) Common Stock 699 $0 0(3) 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 17, 2023, vesting ratably over three years with the first vest date of February 17, 2024.
Remarks:
/s/ Drake Mills, as Attorney-in-Fact 02/19/2026
** 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’s Chief Accounting Officer report?

Stephen H. Brolly exercised 699 restricted stock units into 699 Origin Bancorp common shares. To satisfy income tax withholding, 297 shares were withheld by the issuer, recorded as a disposition but explicitly noted as not representing a market sale.

How many Origin Bancorp (OBK) shares does the insider own after these transactions?

Following the reported activity, Stephen H. Brolly directly owns 22,726 Origin Bancorp common shares. He also has an indirect holding of 7,426 common shares through the issuer’s retirement plan, reflecting both personal and retirement-plan-related ownership positions.

Were the OBK shares disposed of by the insider actually sold in the market?

No, the 297 Origin Bancorp common shares recorded as a disposition were withheld by the issuer to satisfy income tax obligations. A footnote clarifies this withholding does not represent a sale into the open market by the reporting person.

What is the relationship between the restricted stock units and OBK common stock?

The restricted stock units convert into Origin Bancorp common stock on a one-for-one basis. In this filing, 699 RSUs converted into 699 common shares, reflecting the complete vesting and settlement of that RSU portion under the disclosed grant terms.

When were the reported Origin Bancorp restricted stock units originally granted and how do they vest?

The restricted stock units were granted on February 17, 2023. They vest ratably over three years, with the first vesting date on February 17, 2024, leading to periodic conversion of units into common stock as vesting milestones are reached.

How is the indirect ownership in OBK shares held for the insider?

Indirect ownership of 7,426 Origin Bancorp shares is held through the issuer’s retirement plan. These shares are reported as indirectly owned, reflecting plan-based holdings rather than directly held brokerage or certificated shares in the insider’s own name.