Origin Bancorp CAO reports RSU grant and vesting
Origin Bancorp, Inc. Chief Accounting Officer Stephen H. Brolly reported equity award activity involving restricted stock units (RSUs) and common stock on February 20, 2026.
Rhea-AI Filing Summary
Origin Bancorp, Inc. Chief Accounting Officer Stephen H. Brolly reported equity award activity involving restricted stock units (RSUs) and common stock on February 20, 2026. He exercised 702 RSUs, which converted into 702 shares of common stock on a one-for-one basis, and received a new grant of 1,891 RSUs.
In connection with the RSU settlement, 309 shares of common stock were withheld by the issuer at $43.97 per share to cover income tax obligations, which the disclosure states does not represent a sale. Following these transactions, he directly held 23,119 shares of common stock and 1,891 RSUs, and indirectly held 7,426 shares through an issuer retirement plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 702 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,891 | $0.00 | $0.00 |
| Exercise | Common Stock | 702 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 309 | $43.97 | $14K |
| 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 day 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
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What insider transactions did Origin Bancorp (OBK) report for Stephen H. Brolly?
How many restricted stock units did OBK’s Chief Accounting Officer acquire in this Form 4?
How do the restricted stock units in OBK’s Form 4 convert into common stock?
What role does Stephen H. Brolly hold at Origin Bancorp (OBK)?
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