Origin Bancorp CRO awarded 2,047 RSUs
Origin Bancorp, Inc. Chief Risk Officer Jim Crotwell reported equity compensation activity.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Origin Bancorp, Inc. Chief Risk Officer Jim Crotwell reported equity compensation activity. He acquired 718 shares of common stock through the exercise of restricted stock units and received a new grant of 2,047 restricted stock units, both at no cost. To cover taxes, 229 common shares were withheld, leaving him with 12,005 directly held shares, plus additional indirect holdings through a retirement plan and an IRA.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 718 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 2,047 | $0.00 | $0.00 |
| Exercise | Common Stock | 718 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 229 | $43.97 | $10K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- 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 20, 2025, vesting ratably over three years with the first vest date of February 20, 2026.
- F4. Each restricted stock unit represents the contingent right to receive, at settlement, one share of the issuer's common stock or cash equal to the fair value thereof (calculated pursuant to the incentive agreement), as determined by the issuer.
- F5. Granted on February 20, 2026, vesting ratably over three years with the first vest date of February 20, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Origin Bancorp (OBK) report for Jim Crotwell?
What new restricted stock unit grant did Jim Crotwell receive from Origin Bancorp (OBK)?
How do the new restricted stock units for Origin Bancorp (OBK) vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.