Origin Bancorp CEO buys total 1,200 shares of OBK
Origin Bancorp (OBK) insider activity: Chairman, President and CEO Drake Mills reported open‑market purchases of common stock.
Rhea-AI Filing Summary
Origin Bancorp (OBK) insider activity: Chairman, President and CEO Drake Mills reported open‑market purchases of common stock. On 10/27/2025, he bought 800 shares at a weighted average price of $34.08 and 400 shares at $34.02.
Following these transactions, beneficial ownership stood at 148,634 shares direct, 3,866 shares by IRA, and 57,490 shares by issuer retirement plan. One purchase was executed in multiple trades within a price range of $34.01 to $34.17. These are routine Form 4 disclosures of insider share activity.
Positive
- None.
Negative
- None.
Insights
Routine insider purchases disclosed; limited direct impact.
Origin Bancorp disclosed open‑market buys by its CEO on 10/27/2025: 800 shares at a weighted average of $34.08 and 400 shares at $34.02. The filing also lists updated beneficial holdings across direct and indirect accounts.
The business significance is typically modest for single‑day purchases of this scale. The transaction used standard open‑market methods, with one trade executed across multiple prints in a $34.01–$34.17 range, which is typical market execution detail.
Subsequent filings may provide additional insider activity; actual market impact depends on size and frequency of future transactions disclosed under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 400 | $34.02 | $14K |
| Purchase | Common Stock | 800 | $34.08 | $27K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. This transaction was executed in multiple trades at prices ranging from $34.01 to $34.17. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
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