Origin Bancorp director granted 1,162 shares
Davison James E. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Davison James E. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Origin Bancorp, Inc. director James E. Davison Jr. received a grant of 1,162 shares of common stock as restricted stock compensation for his board service. The shares are in the form of restricted stock that will vest at the next annual meeting of stockholders, or on April 28, 2027 if that meeting occurs less than 50 weeks after the grant date. Following this award, he holds 674,592 shares of Origin Bancorp common stock directly.
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
vest financial
annual meeting of stockholders financial
grant, award, or other acquisition financial
FAQ
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What insider transaction did Origin Bancorp (OBK) report for James E. Davison Jr.?
What is the vesting schedule for the restricted stock granted to the Origin Bancorp director?
Is the Form 4 transaction in Origin Bancorp (OBK) an open-market buy or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.